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SunSirs: Seamless pipe prices fell slightly on April 13
April 14 2020 15:55:53SunSirs(Molly)

Price trend: According to statistics from SunSirs, on April 13, the price of 20 #, 108 * 4.5 seamless tubes was reported at 4297.5 yuan / ton, down 0.64% from the previous day and down 12.32% year-on-year.

The upstream raw material prices are now mainly stable. The ex-factory price of Jiangxin tube billet is 3530 yuan / ton for hot rolling, 3430 yuan / ton for continuous casting; 45 # 3580 yuan / ton. Tiangang 20 # tube billet ex-factory price is 3570 yuan / ton for hot rolling and 3500 yuan / ton for continuous casting.

Pipe factory: Linyi 108 * 4.5 mainstream ex-factory price is 4050-4130 yuan / ton. The mainstream ex-factory price of Liaocheng medium and thick wall is 4080-4150 yuan / ton. Shandong Panjin 73-95 * 4 shipped 4180 yuan / ton, 102-159 * 4.5 shipped 4130 yuan / ton, 219-245 * 7-16 shipped 4050 yuan / ton.

Market: The seamless tube market is mainly weak and stable, and the trading volume of traders has dropped significantly. Social stocks are large, and traders take very little goods from tube factories, and most of them are trying to digest stocks.

Market forecast: Recently, most traders have replenishment on demand, but more inventory is maintained. Affected by the decline in raw materials last week, the short-term seamless tube market is expected to be weak and stable.

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

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