What is the trend of construction steel market during the "two sessions"?

At this point, the quotation of rebar in the mainstream market has fallen to the price before the year, and the decline in some markets has exceeded the increase before the year. Due to the continuous decline of snail futures under the influence of international negative factors and the wait-and-see demand of terminals, the quotations of small and medium-sized traders have been greatly reduced. With the slight rebound in the last cycle, the quotations of merchants tend to be stable, and we will wait and see the introduction of the new policies of the two sessions.

Increasing the down payment ratio of the second suite has limited negative impact.

The two sessions have been held, policies on real estate and other aspects have not yet been introduced, and the market wait-and-see atmosphere is relatively strong. Especially for the State Council's policy of increasing the down payment ratio of second homes, market analysts believe that it is to strengthen the implementation and management of the system in cities where housing prices are rising too fast and stabilize the market in a targeted manner. In other words, the negative impact of the policy of increasing the down payment ratio of the second suite is limited.

In addition, with the rising temperature, the site construction will gradually enter the normal track, and the demand for rebar will gradually drive.

Spot dynamics of building materials: On the 4th, the national building materials mentality was slightly different, with ups and downs. At the beginning of the month, the financial pressure eased, and in March of "Yangchun", the weather gradually warmed up and the demand was slow and heavy. Individual cities in East China and Central China went up slightly to explore the market, and there were still many goods in other areas. Macro-real estate control is overweight, and the deputy director of the National Development and Reform Commission said that China's characteristic urbanization is not about real estate. As a result, snails will fall sharply again in the future, which will hit the spot confidence, and the follow-up procurement is of little significance. At present, it is in the process of slowly consuming inventory. Considering the recurrence of negative interest rates, short-term prices are weak and there is a risk of falling back.

Comment on Futures Snail: Futures Snail 10 opened lower by 3,975, and fluctuated sharply all day, with the lowest value of 3,886. After closing at 3905, it fell 10 1, a decrease of 2.52%. The funds were negative, the trading volume was enlarged compared with the previous trading day, and the positions decreased by 23,000 lots. Technically, the daily K-line opened lower and went lower, falling below the 60-day moving average, with a long volume, a low KDJ indicator and an enlarged MACD indicator. The spot is slightly different, rising and falling steadily. In operation, both short-term and long-term sides mainly wait and see, paying attention to 3900 support. It is expected that snails will run at a low position and have a negative impact on the spot.

In a word: depravity! ! ! !

Source: China Iron and Steel Information Network China Iron and Steel Information Base