The market at the beginning of the month is like the morning sun in the morning, giving people hope, being boosted by many favorable policies of the state, and the confidence of the business has increased, which has led to a slight rebound in the building materials market, but the gains have only lasted for less than a week. As the good news gradually drifted away, and the overall transaction still did not improve, the whole market was once again entangled. The enthusiasm of the summer is approaching, is the June market worth looking forward to? The terminal demand is sluggish in real estate, the main tone of the property market regulation has not yet turned substantially, the prospects are still not optimistic, developers are still very cautious about the start of new projects, for the time being, It is difficult to make a substantial pull on the steel market; in terms of policies, although the introduction of infrastructure investment, subsidies for home appliances, car going to the countryside, and large-scale projects have been approved, it is based on past experience, from announcement to implementation. A slower process, at least in the short term, can not see the actual results; May steel PMI was 48.8%, once again fell back below the line of glory, the chain fell by nearly 7 percentage points, of which the new order index fell sharply 17.7 percentage points To 41.5%, the demand for steel terminal demand is still weak. Considering the rainy season in June, the high temperature in the north and the arrival of the busy season, it is likely to further slow down the construction progress of the downstream construction site. Inventories are still high. At present, most agents have insufficient stocks, and there are shortages in many regions. In the short term, there is a certain supporting effect on the stability of steel prices. It is observed that the reason is that the recent enthusiasm for merchants is not high. As a result, from the intensity of discounts in various parts of the month, steel mill production has not yet experienced large-scale production cuts and production suspensions. In the later stage, the pressure of concentrating resources on arrival will be ushered in. Under the psychological barrier operation, the market price will be formed. Large suppression, in addition, from the inventory statistics, the overall still maintains a downward trend but the range is limited, and the total is still at a high level, the destocking pressure is still large. The business mentality is not good this year, whether it is a rise or a downward adjustment, the business mentality is not very optimistic, because the overall market transaction situation has been tepid, there is almost no continuous improvement or long-term bad situation, the price changes more It is due to the role of the business's subjective mentality; in previous years, whether it was an agent or an intermediary, there was always a phenomenon of gambling in the market. However, this year, in addition to the shortage of specifications, there will be cases of moving goods, and more often the middlemen I would rather put the money in the bank than to take the risk, not to mention the agents. The difficult financing environment and the amount of tasks on the shoulders forced them to choose the fast-forward and quick-out method. In one sentence, they are all pessimistic. The current situation is unclear, and the imbalance between supply and demand is still an indisputable fact, and it is still not a minority to hold the hollow state. In summary, this month's building materials market is difficult to get out of the gratifying stance, but from the second-largest thread to the vicinity of 4000 to get strong support, the recent big drop is unlikely, and the summer electricity has been speculated in previous years. Or it will appear again; on the whole, it is expected that the market will stabilize in a small margin in June, and it is not appropriate to make too many expectations.
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