SunSirs: On the 26th, the Market Price of Seamless Tube Was Weak and Stable
October 27 2021 13:49:12 SunSirs (John)
Price trend
According to statistics from SunSirs, on October 26, the price of seamless tube was stable. The price of 20#, 108*4.5 seamless tube was 6,557 RMB/ton, which was the same as the previous trading day, up 28.01% from the beginning of the year, and up 50.4% year-on-year. .
Analysis review
The domestic seamless tube market fell. On the 26th, the prices of tube mills and billets were mostly stable.
The transportation of seamless tube in the northern area was slightly affected by the epidemic, and the freight rates of seamless tube on the affected routes tended to increase; Tangshan was affected by the epidemic in the surrounding areas, and the freight from the local to the epidemic area increased by 30-50 yuan.
The tube factory is preparing to increase the agreement volume in November. In order to promote the growth of seamless tube market demand, the price has slightly weakened.
Market outlook
In summary, the price of seamless tube 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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