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2023-12-01
A brief analysis of seamless carbon steel pipe and welded pipe in China at the end of the year
Looking back at China's domestic carbon steel welded pipe and welded pipe market from January to November 2023, the price as a whole shows a trend of rising and then falling, and then recovering and strengthening, especially after June, the price of welded pipe has been in a narrow range of fluctuations. Although the price of welded pipe in the market has risen in recent years, the increase is limited, and traders' profits are meager. The market entered the winter, the pipe factory inventory fell to the lowest level in history, and the price of welded pipes was supported, but by the seasonal impact, downstream demand contracted, and the market trend of "price without market" gradually emerged.
1. Market price
Looking back at the welded pipe market in 2023, the price as a whole shows a trend of rising and then falling, and then shaking and strengthening. In the early first quarter, affected by the optimization of the epidemic policy and environmental protection policies, the market expectation is strong, the market supply and demand fundamentals are relatively balanced, the average price of welded pipes in the country shows a trend of rising and shaking, and the welded pipe price appears the highest point in mid-March. However, the highest price increase from the beginning of the year to March was 220 yuan/ton, and the average monthly increase was less than 100 yuan. Since mid-March in the second quarter, domestic welded pipe prices have entered a rapid decline, and under the rapid "collapse" of the cost end, the negative market feedback has amplified, and the welded pipe price has fallen from mid-March to the end of May, a drop of 529 yuan/ton. Third quarter welded pipe prices in June began to build bottom repair, manufacturers gradually slow down the pace of production, pipe factory inventory and social inventory have taken the initiative to decline, risk awareness dominated the market, with the introduction of macro policies in July, the market welded pipe prices have rebounded, but the range is limited, more performance for the emotional repair rebound, the market is looking forward to the autumn season again disappointed. In the fourth quarter, under the continuous force of macro policies, the market is expected to pull up the spot price again, although the "silver ten" market performance is generally, but under the strong expectation, the market welded pipe price continues to follow the raw materials. hot rolled seamless steel pipe.However, the market spot price increase is much lower than the increase of raw materials and pipe plant, downstream demand for high-price resources acceptance is not high, welded pipe prices have been in a range of fluctuations, in the historical price line price along the lower.
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