Henan NM500 wear-resisting plate price has passed the end of the month "Curse".
As the price of Henan NM500 wear-resisting plate rose last week and fell behind, this week both the market and Macro-negative have increased. After a brief battle between the bull and the bull, the bull quickly took the upper hand, has been strong prices, also appeared a few days ago, the rally is precarious.
Although the latest round of steel price adjustment has a certain supporting role in the market steel prices. However, a close observation shows that although the gap between factory prices and market prices has been greatly narrowed, it is not much different, mostly the same. To this end, Shagang and other steel mills once again raise the factory price of the actual promotion of the market price than imagined to be greatly discounted. Or just one of the most secure operations, so that Henan NM500 wear-resistant plate prices survive the end of the month this "magic spell".
In fact, the most entanglement of the market is the shackles of capital. Every late in the month, steel traders, steel mills or even the purchasing side are "calculating" how to withdraw funds, how to make the money flow smoothly next month. This is no longer an industry characteristic, but an unsolved problem in the entire industry chain and even the entire credit industry. If this problem is not solved, it is difficult for Henan NM500 wear-resistant board industry to take part in the battle easily, and it is difficult to revive the past glory.
As a result, the pulling force or driving force brought about by the short-term overlap of multiple bears and bears, the market is temporarily focused on capital, adjusting the price of Henan NM500 wear-resistant plate to a stable bottom. Market operation is OK, but keep calm. Www.china8877.com