Home / Metal News / [SMM Thread Weekly carding] Market sentiment is weak, spot prices may not be able to rise

[SMM Thread Weekly carding] Market sentiment is weak, spot prices may not be able to rise

iconOct 18, 2019 18:07
Source:SMM
The current trend of the thread period tends to be the same this week. Macro news to improve the boost to the futures market has been digested, in the absence of short funds to interfere, the snail quickly fell. As the environmental protection and production restriction policy has left a deep impression on the market, the conciliatory Sino-US trade relations and the production restriction policy issued in many places this week have also failed to restore the overall situation, and pessimism in the market continues to ferment under the influence of the disk. The phenomenon of selling goods at low prices is more common, with spot prices falling 30-140 yuan / ton.

Output
price forecast

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All