This week, the market guidance prices for 316L stainless steel sheet have generally decreased.
This week, the market guidance prices for 316L stainless steel sheet have generally decreased. The regional differentiation in the transaction market is prominent. The average weekly shipment volume in Qingdao is nearly twice that of Jinan. The export and infrastructure support at the ports are significantly stronger than those in the inland areas. The total inventory has slightly increased, but the 316L stainless steel sheet show a structural contradiction of "inland accumulation, slight decrease in ports". In the short term, there is still a weak pressure, and the price trend may be relatively resistant.
1. Price Review: 316L stainless steel sheet have faced downward pressure
The demand for supporting projects is relatively stable and is in a situation of insufficient supply. The overall market pricing of 316L stainless steel sheet is weak, and the downstream purchasing sentiment is strong. The spot trading atmosphere of 316L stainless steel sheet is relatively dull.
2. Transaction Market: Qingdao is significantly better than Jinan, rising first and then falling within the week
The daily shipment data monitored in Qingdao and Jinan this week show that the regional demand differentiation is prominent: The average weekly shipment is only slightly lower than the monthly average, and the overall demand for 316L stainless steel sheet is relatively strong. The terminal purchases are concentrated in the middle of the week. Qingdao relies on port exports and infrastructure support in the surrounding areas, and the shipment volume is nearly twice that of Jinan; Jinan's local construction and infrastructure projects are weak, and the purchasing willingness for 316L stainless steel sheet in the market is low. The demand gap between the two regions continues to widen.
Related News