Weekly Summary of the Social Inventory of the Sample Enterprises in China (2018-03-15)
Weekly Summary of the Social Inventory of the Sample Enterprises in China (2018-03-15)
This week, the overall market stocks declined slightly, among which, there was a large decline in the drawing variety, a small increase in cold heading materials, and a small reduction in hard lines. The specific conditions are as follows:
On March 15th, 2018, statistics were collected on 14 major cities, 78 traders, and 21 warehouses in the country. The total amount of industrial wire rods was 952,500 tons, which was a decrease of 15,900 tons, a decrease of 1.64% over the same week last week. Among them: 26.41 million tons of cold heading, an increase of 1.06 million tons, an increase of 4.18% over the same week last week; drawing 558,400 tons, a decrease of 2.61 million tons, a decrease of 4.27% compared to last week; hard line of 10.3 million tons, Last week, the same statistics reduced by 0.04 million tons, a decrease of 0.39%.
In addition: the total inventory of industrial wire in the top 10 cities in Japan is compared with the total inventory of the market in Japan. The situation is as follows:
Shanghai's total inventory was 89,000 tons, down 13,000 tons from last week; Hangzhou's total inventory was 60,000 tons, down 0.5 million tons from last week; Guangzhou's total inventory was 188,000 tons, down 0.3 million tons from last week. The total inventory of sea salt was 24.5 Ten thousand tons, up by 15,000 tons. The total inventory of nantong is 29,000 tons, which is down 60 thousand tons from last week.The total inventory of anping is 15,000 tons, unchanged from last week. Tianjin total 17,000 tons, an increase of 0.3 million tons;
In summary, the market was affected by the suspension of production of the North Steel Plant this week. The market stabilized and the market turned to be warmer. The social inventories have declined. However, as a whole, with high stocks, it will take time to destock, and the short-term sharp surge will be difficult to sustain. It is expected that the market will become stronger and stronger in the next week.
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