Although the performance of the copper strip market is unsatisfactory, as the demand in the off-season shifts, the overlay market has a strong bearish sentiment, and the upstream and downstream distribution links are mainly based on active shipment operations, which has caused a significant decline in the market's social inventory.S.
Therefore, in the final analysis, it is still good for insufficient support. Theoretically speaking, there is support for the market to drive upwards. After the expectations of the peak season are fulfilled, we can continue to consider high altitudes, and the mid-term pressure of the 01 contract is between 3600-3700. Trade war is vague, China and the United States have imposed tariffs on each other, and domestic and export demand have been deeply affected.
However, as far as prices are concerned, under the current situation of short dominance, prices The rise is blocked, and the downside depends. : The growth rate of steel production capacity is still high, the demand side is picking up slowly, and the supply and demand are relatively contradictory. :
Settlement at the end of this week, when the position is changed for the month, the price is relatively low. : The downward pressure on the global economy continues to increase, and countries are actively taking measures. . : The Sino-U. : Domestic economic easing and the cessation of production restrictions have shown little restraint on economic pressure and steel output.It is recommended to treat it with a rebound idea in the short term. In addition, steel companies' production cuts, overhauls, and production flexible copper strip cuts have also helped to a certain extent