Price trend
According to the statistics of SunSirs, on the 14th, the seamless tube market fell slightly. The current price of 20#, 108*4.5 seamless tube was 6,022.5 RMB/ton, a decrease of 0.95% from the previous trading day and a year-on-year increase of 10%.
Analysis review
The ex-factory price of Dongfang pipe was lowered by 30 RMB/ton. Linyi Jiangxin faced capacity replacement in May, and the number of orders received by some pipe blank factories was relatively full. The ex-factory price of Shandong Panjin seamless tube was uniformly lowered by 50 RMB/ton, and the quotation of 108*4.5 was 5,890 RMB/ton. The pipe factory in Linyi has been producing normally this week, and it was difficult to find a transport vehicle due to the epidemic. The recent outbreak of the national epidemic has hindered shipments in various markets, and it is relatively difficult to find transport vehicles. Seamless tube are in a stage of weak supply and demand.
Market outlook
It is expected that the domestic seamless tube market will be weak and stable in the short term.
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