Telah Terbit: Oct 28, 2023 23:57
According to SMM, today's futures are oscillating upwards, closing at 3685, up 0.57% from the previous trading day, and the spot market price is running in a steady and strong manner. On the demand side, the marginal influence of policies is weakening, the continuity is insufficient, the market sentiment is slightly cooling, the trading atmosphere is general, the terminal procurement continues to adopt the demand strategy, and the transaction is generally weak throughout the day. Looking ahead, the supply of building materials in the near future is slightly increasing, and the raw material side has not seen obvious downward trend, the cost is solid, the negative feedback proposition is basically false, coupled with the good release of demand in October, unexpected incremental, and various bullish factors, short-term steel prices are expected to continue to rebound. At the same time, affected by macro policies, the strong expectation logic is restarted, and market confidence is expected to be restored under its support, and medium and long-term building materials related or still can be expected.

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