The price of 304 stainless steel welded pipe has always been the most concerned issue for users. Stainless steel 304 welded pipe is divided into: stainless steel 304 industrial welded pipe, stainless steel 304 decorative welded pipe, stainless steel 304 sanitary grade welded pipe. Demand will be different for different purposes, and the price will be different, but the price of the entire stainless steel 304 welded pipe is the same, whether it will rise or fall. Not because of the apparent difference in price, the range of price fluctuations is not the same.
The inflection point of the inventory data of stainless steel 304 welded pipes and the weak economic data in February affected the weak price of the futures price and continued the deep-watered condition. Out of the bullish expectations of the peak spending season, it is difficult for futures prices to rise sharply. There is still room for a decline, but it will take time to run in.
So far, the supply and demand layout of stainless steel 304 welded pipes has shown some significant changes. From the beginning of November last year, when the peak season was not weak and the supply was greatly reduced, the price of stainless steel 304 welded pipes rose sharply due to over-seasonal destocking. In the future, because the inventory increase in the winter storage accumulation cycle is lower than the same period, strong support for prices , Superimposing the expected increase in costs after the Spring Festival next year, the increase in the social inventory of stainless steel 304 welded pipe reflects its supply and demand layout
The adjustment space brought by the combination of quantity and price in the future. This inventory level is at the low end since the same period in 2019, but the price of stainless steel 304 welded pipe is obviously helpless compared with the price at that time. From the perspective of the ratio of inventory and price, the future price is easy to rise but it is also difficult to fall.