Future outlook of galvanized wire market
Today, hot - dip galvanized wire market narrow shock, the end of the trend to close higher. The market performance was stable. Traders reported that due to limited resources, the mainstream still maintained a stable attitude, and some merchants who wanted to ship had a small price negotiation. However, after the electronic carry-over at the end of the day, the market attitude was strengthened and the price negotiation was reduced.
Through a day's observation, the mainstream hot dip galvanized wire market as a whole is relatively flat, one is mainly due to recent trading is relatively flat, downstream demand is weak, brokers are also cautious to enter the market, shipment is not ideal; Second, there are many uncertain factors in the news, the market mentality is unstable, and the shock of the forward market has an obvious impact on the mentality of the spot market.
Recently, there are more bearish news in the market, and downstream users have strong wait-and-see sentiment. The procurement is mainly based on on-demand procurement and sporadic distribution, and the market situation is poor. In summary, under the common influence of high cost and low demand, hot dip galvanized wire market costs in the short term to shock consolidation, cost adjustment range is not big.
Famous galvanized silk factory: Tianjin Metal Products Co., Ltd. summarizes the above knowledge for you, I hope you can pay attention to us.
