本周北京方管市場價格小幅下跌。截至8月9日，北京市螺線沙龍批量成交指導(dǎo)價 格：Φ8-10mm高線為4700元(噸價，下同)，比上周同期下跌60元。河北鋼鐵集團產(chǎn)Φ12mm三級抗震螺紋鋼為3920元，比上周同期下跌140 元；Φ25mm三級螺鋼為3790元，比上周同期下跌160元。進入8月，隨著美聯(lián)儲降息后，全球各國出現(xiàn)降息熱潮，人民幣匯率跌破7，黃金大幅上漲進入1500，而期貨大幅震蕩下行，鋼坯價格回落，現(xiàn)貨市場 弱勢下行，跌幅加大。近期鋼廠到貨較多，市場資源得到補充；高溫雨季的增多，加上國慶70周年，北京部分工地有停工，下游采購力度減弱，市場大戶日成交量 在100-1000噸。在需求減弱的情況下，北京方管庫存有小幅上升。

Prices in Beijing's Fangguan market fell slightly this week. As of August 9, the guiding price for volume trading of Beijing Spiral Salon was 4700 yuan (ton price, the same below) for the high line of 8-10mm, down 60 yuan from the same period last week. Hebei Iron and Steel Group produced 3 920 yuan of 12mm three-stage aseismic screw steel, down 140 yuan from the same period last week; 3 790 yuan of 25mm three-stage screw steel, down 160 yuan from the same period last week. In August, with the Federal Reserve's interest rate cut, interest rate cuts have taken place all over the world. The RMB exchange rate has fallen below 7, gold has risen sharply to 1500, while futures have fallen sharply, billet prices have fallen, spot market has fallen weakly, and the decline has increased. Recently, steel mills have more arrivals and market resources have been supplemented; with the increase of high temperature and rainy season and the 70th anniversary of National Day, some construction sites in Beijing have been shut down, downstream purchasing efforts have been weakened, and the daily turnover of large market households is 100-1000 tons. In the case of weakening demand, the inventory of Beijing Square Management has increased slightly. 中美貿(mào)易方面，繼國內(nèi)匯率“破七”之后，美國財政部正式將中國列為匯率操縱國，是25年來首次。而商務(wù)部6日凌晨發(fā)表消息稱，中國相關(guān)企業(yè)暫停新 的美國農(nóng)產(chǎn)品采購。市場情緒仍被中美貿(mào)易升級的大環(huán)境所裹挾，在利空情緒充分釋放之前，市場弱勢震蕩格局延續(xù)，快速回落過后存在修復(fù)預(yù)期。短期來看，整體 市場仍然處于調(diào)整階段，由于利空略有消化，個別時間段存超跌反彈的可能，但若不確定因素再度空襲，修復(fù)通道將難以持續(xù)向上打開，市場將重回反復(fù)震蕩的格 局。立秋后，市場需求略有好轉(zhuǎn)，預(yù)計下周北京方管市場價格將呈窄幅調(diào)整的態(tài)勢。

In terms of Sino-US trade, the US Treasury Department officially listed China as an exchange rate manipulator for the first time in 25 years after the domestic exchange rate "broke seven". The Ministry of Commerce announced in the early morning of June 6 that Chinese companies have suspended new U.S. agricultural purchases. Market sentiment is still wrapped up by the environment of Sino-US trade escalation. Before the negative sentiment is fully released, the pattern of market vulnerability shocks continues, and there is a recovery expectation after the rapid decline. In the short term, the overall market is still in the adjustment stage, due to a slight digestion of the shortfall, there is a possibility of overshoot rebound in individual periods, but if uncertain factors re-air attack, the repair channel will be difficult to continue to open up, and the market will return to the pattern of repeated shocks. After autumn, the market demand has improved slightly. It is expected that the market price of Beijing Square Management will be adjusted in a narrow range next week.