In late October, MN13 wearable plate price is expected to start to pick up again.
九月旺季不旺，MN13耐磨板采购量明显弱于去年，现货成交也整体趋弱，实际需求支撑螺纹钢价格上涨力有不逮，贸易商观望情绪增加，市场心态转凉，需求 不及预期。国庆节期间，MN13耐磨板被动库存上升，但目前库存绝对水平仍处于低位，增幅也低于去年同期水平。国庆节期间的累库属于正常的季节性表现，往年库存均 出现了环比上升的情况，并且今年库存累积水平基本与去年持平。
In September, the peak season is not strong, MN13 wear-resistant board procurement is significantly weaker than last year, spot transactions are also weakening as a whole, the actual demand to support the price of rebar has not caught, traders wait-and-see sentiment increased, market mentality cooled, demand less than expected. During the National Day, MN13 wear-resistant plate passive inventory rose, but the absolute level of inventory is still at a low level, the growth rate is also lower than the same period last year. The accumulative warehouse during the National Day period is a normal seasonal performance. In the past year, the inventory has increased year-on-year, and the accumulative level of this year's inventory is basically the same as last year.
However, facing the high cost of double coke and iron ore, the weakening of high-yield production restriction, and the inadequate motivation of downstream replenishment caused by the stability of real estate, the bleak demand situation, if not improved by significant favorable stimulus, may become the last straw to crush steel prices.
MN13 wear-resistant plate analysts believe that the trend of raw materials and finished products is clearly differentiated, raw materials are relatively strong, finished products shocks weakened faster, and Sino-US trade friction has also affected the decline in futures prices. If the demand for MN13 wearable boards is still not expected to be fulfilled, the market sentiment will be negative. After entering the heating season in late October, the price of MN13 wearable plate is expected to start to pick up again. Www.china8877.com