[SMM Daily Commentary on Hot-rolled Coil: Increased Maintenance This Week? Prices Continue to Fall with Little Sign of Improvement] Today, the hot-rolled coil futures market saw a significant decline, closing at 3335 in the afternoon, with a drop of 1.62%. Spot prices in the mainstream hot-rolled coil market all fell, with declines ranging from 30 to 60 yuan/ton. The futures market continued to plummet, further chilling trading sentiment, resulting in poor intraday trading volumes for hot-rolled coil. According to SMM research, the impact of hot-rolled maintenance this week reached 27.05, an increase from the previous week, which has somewhat alleviated supply pressure. Currently, demand for hot-rolled coil is weakening, production continues to decline slightly, and inventory accumulation slows. Steel mills are experiencing widespread losses, leading to intensified production cuts, a sustained decline in molten iron, and a continuation of negative feedback dynamics in the spot market. The current macroeconomic climate is pessimistic, market sentiment is low, and the rebound in futures prices is weak, overall still showing signs of weakness with intensified fluctuations. In summary, hot-rolled coil prices will continue to fluctuate weakly with insufficient upward momentum.
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.