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SunSirs: Raw materials rise, seamless tube prices stabilize (3.9-3.13)
March 16 2020 11:41:11SunSirs(Molly)

According to statistics from SunSirs, the seamless tube market is dominated this week. The price of 20 #, 108 * 4.5 seamless tubes at the beginning of the week was reported at 4,396 yuan / ton, which was flat on the weekend compared to the beginning of the week, down 8.03% year-on-year.

In terms of upstream tube billets: tube billets have generally risen. Tiangang Billet 20 # hot-rolled tube billets have been raised by 30 yuan (ton price, the same below), and the current factory price is 3590 yuan. The 20 # continuous casting billet is raised by 20 yuan, and the ex-factory price is 3500 yuan. Jiangxin 20 # hot rolled tube billet is raised by 50 yuan, and the ex-factory price is 3600 yuan. The 20 # continuous casting billet is raised by 50 yuan, and the ex-factory price is 3500 yuan. Luli 20 # hot rolled tube billet is raised by 50 yuan, and the ex-factory price is 3570 yuan.

The situation of the stern tube factory: Linyi Jinzhengyang seamless pipe is stable above 219, the others are increased by 20,108 * 4.5 base price 4190 yuan, continuous rolling 4250 yuan. Linyi Pipe Factory's shipping situation has improved in the past two days, production and sales have basically maintained balance, and inventory has remained at a moderately high level.

In terms of market: Market traders feedback that it is difficult to increase the price of seamless pipes in the short term, but there is room for a substantial increase in prices, but the price increase does help shipments, and the shipping situation has improved.

Hou market forecast: Terminal demand has not been fully started, and demand is still low. Traders are more optimistic about the market in April and are more optimistic. It is expected that the market price of seamless pipes will be mainly weak and stable in the short term.

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.

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