【SMM Daily Review of Hot Rolled Coil: Prices Hit New Annual Low, Market Sentiment Remains Depressed】Today, the hot rolled coil futures market experienced a significant decline, closing at 3415 by the afternoon, with a loss of 2.04%. The futures market showed clear signs of weakness, with a strong sentiment of wait-and-see among investors and a lackluster trading atmosphere. Most mainstream markets saw poor intraday trading volumes for hot rolled coils. According to SMM research, new steel plant maintenance in North China has been added this week, while maintenance at some steel plants in Southwest, Northeast, and East China continues, leading to a further decrease in hot rolled coil production on a month-on-month basis. However, apparent demand data also indicated a slight decline, and inventory accumulation persisted, albeit at a slower pace. Looking ahead, the recent密集 maintenance plans at steel plants suggest that the short-term output increase will be limited. Downstream demand is expected to remain dominated by on-demand purchasing in the short term, with no significant improvement observed. In conclusion, hot rolled coil prices are expected to continue fluctuating within a range in the short term, with weak cost support.
데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.