本周杭州方管市場價格大幅下跌，截至5月17日，杭州方管批量成交指導(dǎo)價格：沙鋼 Φ8-10mm高線為4310元,比上周同期降50，中天Φ12mm三級螺紋鋼為4120元，比上周同期降70，中天Φ25mm三級螺鋼為3960元，比 上周同期降70，永鋼Φ8-10mm三級盤螺為4310元，比上周同期降60。本周期螺呈震蕩態(tài)勢，周末江蘇地區(qū)主要方管廠家發(fā)布新一期價格政策，從市場來看，倒掛明顯，因此導(dǎo)致市場整體氛圍異常悲觀。周一期螺下行，市場心態(tài)悲 觀，成交較差，現(xiàn)貨價格下行，周二開始期螺有所回暖，成交尚可，但因方管廠家嚴(yán)重虧損，，市場心態(tài)依舊沒有恢復(fù)。端午佳節(jié)來臨，但是市場反應(yīng)平淡，成交低 迷，多數(shù)終端采購在期貨下行的情況下，采購步伐進(jìn)一步放緩，方管廠家心態(tài)不佳。

This week, Hangzhou square pipe market prices fell sharply. As of May 17, Hangzhou square pipe volume trading guidance prices: Shagang 8-10mm high line was 431 yuan, 50 yuan lower than the same period last week, Zhongtian 12 mm three-level screw steel was 4120 yuan, 70 yuan lower than the same period last week, and Zhongtian 25 mm three-level screw steel was 3960 yuan lower than the same period last week, 70 yuan lower than the same period last week, Yonggang 8-10mm three-level screw was 431 yuan lower than the same period last week. This weekend, the main manufacturers in Jiangsu Province issued a new price policy. From the market point of view, the inversion is obvious, which leads to a very pessimistic overall market atmosphere. Monday snail downward, the market mentality is pessimistic, trading is poor, spot prices downward, Tuesday began snail warming up, trading is still acceptable, but due to the serious losses of traders, the market mentality is still not restored. The Dragon Boat Festival is approaching, but the market reaction is dull and the turnover is sluggish. Most terminal purchases have slowed down further when the futures are down. Traders are not in a good mood.

從基本面來看，目前方管整體社會庫存降速趨緩，甚至有回升的趨勢，而且鋼廠盈利仍然可觀，其產(chǎn)量持續(xù)高位釋放，但隨著淡季的到來，下游需求明顯在逐漸減弱，后期的供需壓力必將增大，因此基本面的平衡能否繼續(xù)維持，還需要打一個大大的問號。|

From the basic point of view, at present, the overall social inventory of square management is slowing down, even has a trend of rebound, and the profits of steel mills are still considerable, and their output continues to release at a high level. However, with the coming of the off-season, the demand downstream is obviously weakening, and the pressure of supply and demand in the later period will increase. Therefore, whether the balance of the basic level can be maintained still needs to be greatly questioned. A kind of

原材料方面：截至發(fā)稿，6日早唐山、昌黎遷安方坯含稅出廠3550,昨漲10；夜盤期螺3714跌29卷3564跌36礦717跌1.5。

Raw materials: Up to publication, Tangshan and Changli Qian'an billets with tax were discharged in the morning of 6 th, up 10% yesterday; snail 3714 fell 29 volumes, 3564, 36 mines, 717, down 1.5 in the night market.

庫存方面：據(jù)統(tǒng)計6日唐山主要倉庫鋼坯庫存約18.5萬噸，較上期(24日)降2.3萬噸，與去年同期基本持平。

Inventory: According to statistics, the stock of billets in Tangshan main warehouse was about 185,000 tons on the 6th, 23,000 tons lower than the previous period (24 days), which was basically the same as the same period last year.

綜合來看綜上所述，杭州進(jìn)入梅雨季節(jié)，價格頻頻回落，北材南下也受阻，去庫存速度有所放緩。而且外部環(huán)境的不穩(wěn)定也對市場心態(tài)有所影響。綜上所述，預(yù)計下周杭州方管市場價格或震蕩趨弱。

To sum up, Hangzhou has entered the Meiyu season, the prices have fallen frequently, the northbound timber has also been hindered, and the speed of inventory removal has slowed down. And the instability of the external environment also has an impact on the market mentality. To sum up, it is expected that the market price or shock will weaken in Hangzhou next week.