Market cautious attitude Copper Steel Rare winter stocking obviously not positive
- Details
- Category: Rare Earth News
- Published on Tuesday, 28 January 2014 10:05
Reporter recent survey found that routine pull up the prices of commodities Dongchu never seem to show , this winter presents a number of market makers do not actively stocking phenomenon . For copper business conditions survey showed lower stocking , stocking business is obviously not accounting for 1 / 3 ; 28% of a small stocking ; only 37 % of companies will bargain a lot of stocking .
Good conductivity of copper it is widely used in areas such as transportation , construction , and thus more sensitive to the copper market reflects the downstream demand . Fu Bao Lei Lianhua Information copper analysts believe that in 2013 after copper prices show persistent decline , which lasted nearly six months , so that downstream businesses stocking losses ; secondly, in 2013 demand has not achieved significant recovery , poor orders intense competition and lower stocking certain doubts ; Third, tight end funds , companies need to maintain liquidity , not easily backlog of inventory .
China 's explosive growth of the early demand is gradually cooling , Chinese copper industry is facing increasingly tough living environment, in 2014 , " survival of the fittest ," the industry will accelerate the playoffs .
The correspondent for steel and rare earth market Dongchu telephone survey shows that manufacturers do not actively stocking steel and rare earths , Dongchu market seems light.
Analysts told reporters , the Spring Festival approaching , the downstream site after another lockout, real steel consumption continues to shrink ; while prices fell channel, stocking demand was weaker than expected.
Multiple factors shrinking demand , money is tight and the expected subdued and other factors, at the end of 2013 the decline in steel prices has not only eased in January 2014 , but was further exacerbated the situation.
Rare is an important electronic materials. Rare analyst Gao Yan told reporters , in addition to some of the higher rare earth magnetics manufacturers operating rate , the small businesses operating at only three percent . As in previous years , it is currently being re-stocking period, but it is understood that this year fewer companies Dongchu stocking .
Since last October outgoing messages national reserve of rare earth , rare earth market has been the emergence of a Bora price rise, but then it all the way down .
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