本周天津方管市場(chǎng)在基本面依舊缺失、消息面利好和利空交替的作用下震蕩偏弱運(yùn)行。隨著臺(tái)風(fēng)“利奇馬”從上周末到本周初在北方地區(qū)肆虐，天津方管商 家的心里也被刮得涼涼，連日的成交不暢，面對(duì)積壓的庫(kù)存，方管廠家只能繼續(xù)降價(jià)，可仍換不來(lái)成交好轉(zhuǎn)，周初開(kāi)市，天津方管市場(chǎng)依舊延續(xù)上周的跌勢(shì)。周中期， “利奇馬”走了，環(huán)保風(fēng)暴來(lái)襲，期盤(pán)反彈，市場(chǎng)出現(xiàn)小部分抄底操作，天津方管市場(chǎng)價(jià)格出現(xiàn)久違的反彈。周后期，市場(chǎng)成交再次轉(zhuǎn)弱，再加上受美債收益率倒掛 以及中美貿(mào)易分歧再次激化影響，期螺再次回頭，天津方管市場(chǎng)價(jià)格回落。

This week, the Tianjin Square Management Market is still lacking in fundamentals, good news and short-term alternation. With Typhoon "Lichma" raging in the northern region from last weekend to early this week, Tianjin Fangman's heart was also blew cool, day after day's business was not smooth, facing the backlog of inventory, businesses can only continue to reduce prices, but still can not change for a better deal. The market opened in early Zhou, Tianjin Fangman's market continued last week's decline. In mid-week, the "Lichma" went away, the environmental storm came, the futures market rebounded, a small part of the market bottom-copying operations, Tianjin square tube market prices appeared a long-term rebound. Late in the week, market transactions weakened again, coupled with the upside-down yield of US Treasury bonds and the intensification of Sino-US trade divergence, futures snails turned around again, and Tianjin Fangguan market prices fell. 基本面依舊缺失，高庫(kù)存低成交壓得商家賠錢也得賣。本周需求端仍舊低迷，市場(chǎng)成交差，天津方管大戶每日成交量?jī)H200-500噸。而鋼廠到貨正 常，各家?guī)齑嬉膊灰?jiàn)明顯減少，據(jù)蘭格鋼鐵網(wǎng)16日統(tǒng)計(jì)數(shù)據(jù)顯示，天津方管市場(chǎng)庫(kù)存總量為23.89萬(wàn)噸，比上周減少0.23萬(wàn)噸。雖有少量減少，但總 庫(kù)存量仍是前三年同期庫(kù)存的近翻倍，商家?guī)齑鎵毫Ψ浅４蟆?/p>

Fundamentals are still missing, and high inventories and low turnover force businesses to lose money and sell. Demand side is still depressed this week, the market turnover is poor, Tianjin Fangguan big households daily turnover is only 200-500 tons. The steel factory arrived normally, and the stock of each company did not decrease significantly. According to the statistics of Langer Iron and Steel Network on the 16th, the total stock of Tianjin square pipe market was 238,900 tons, which was 0.23 million tons less than last week. Although there is a small reduction, the total inventory is still nearly doubled in the same period of the previous three years, and the pressure of merchants'inventory is very high.

本周消息面利好和利空交替，市場(chǎng)情緒反復(fù)。環(huán)保方面出現(xiàn)了連續(xù)性的限產(chǎn)消息風(fēng)暴，先是山西鋼廠檢修減產(chǎn)過(guò)后，山東鋼廠市場(chǎng)信息會(huì)議，六家鋼廠集體 限產(chǎn)40萬(wàn)噸，維護(hù)價(jià)格穩(wěn)定，然后是唐山豐潤(rùn)區(qū)8月15日發(fā)布關(guān)于8月份大氣污染管控要求的通知文件，要求各停產(chǎn)企業(yè)于8月16日零時(shí)開(kāi)始落實(shí)停產(chǎn)措施， 并于8月17日上午開(kāi)始，結(jié)合供電部門對(duì)停產(chǎn)企業(yè)實(shí)施摘表斷電。而中美貿(mào)易糾紛也沒(méi)閑著，先是8月13日美國(guó)將推遲對(duì)部分中國(guó)商品的關(guān)稅加征直至12月 15日，其余部分從9月1日起加征10%關(guān)稅，中美貿(mào)易見(jiàn)“緩和”，可是沒(méi)過(guò)兩天，8月15日，針對(duì)美國(guó)貿(mào)易代表辦公室宣布將對(duì)約3000億美元自華進(jìn)口 商品加征10%關(guān)稅，國(guó)務(wù)院關(guān)稅稅則委員會(huì)有關(guān)負(fù)責(zé)人表示，美方此舉嚴(yán)重違背中美兩國(guó)元首阿根廷會(huì)晤共識(shí)和大阪會(huì)晤共識(shí)，背離了磋商解決分歧的正確軌道。 中方將不得不采取必要的反制措施。中美貿(mào)易糾紛又由緩和變?yōu)榱司o張。

This week's news turned out to be positive and bearish, with market sentiment repeating. In the aspect of environmental protection, there has been a continuous news storm of production limitation. First, after the overhaul and production reduction of Shanxi Steel Works, Shandong Steel Works Market Information Conference, six steel mills collectively limited production by 400,000 tons to maintain price stability. Then, on August 15, Fengrun District of Tangshan issued a notification document on the requirements of air pollution control in August, requiring all enterprises to stop production. Starting at 0:00 on August 16, the shutdown measures were implemented. Starting on the morning of August 17, the power supply department combined with the power supply department implemented the power cut-off measures for the shutdown enterprises. China-US trade disputes are not idle either. First, on August 13, the United States will postpone the imposition of tariffs on some Chinese goods until December 15, and the rest will impose 10% tariffs from September 1. The Sino-US trade will be "moderated", but within two days, on August 15, the United States Trade Representative Office announced that it will enter China for about $300 billion. Export goods are subject to a 10% tariff increase. Relevant officials of the Tariff and Tax Commission of the State Council said that the move seriously violated the consensus of the Argentine and Osaka meetings of the heads of state of China and the United States, and deviated from the correct track of resolving differences through consultation. China will have to take the necessary counter-measures. Sino-US trade disputes have changed from easing to tension.

綜合來(lái)看，本周雖有環(huán)保利好，但基本面缺失仍制約著市場(chǎng)價(jià)格前行。對(duì)于下周市場(chǎng)，雖有隨著70周年臨近，環(huán)保仍不會(huì)放松，鋼廠也會(huì)實(shí)質(zhì)性的減產(chǎn)檢 修，但是現(xiàn)在需求短期回暖的可能性也不大，再加上9月1號(hào)開(kāi)始必定會(huì)有不少工地面臨被迫性停工，因此，成交弱的局面短期難以改變，而目前這么大的市場(chǎng)庫(kù) 存，面對(duì)市場(chǎng)成交這么差，庫(kù)存消化得有段時(shí)間。因此，短期基本面弱的局面仍不會(huì)改變，價(jià)格在消息面的利好刺激反彈之后沒(méi)有基本面支撐，仍將出現(xiàn)快速的回落 的尷尬行情，預(yù)計(jì)下周天津方管市場(chǎng)價(jià)格將繼續(xù)震蕩偏弱運(yùn)行。

Generally speaking, although this week is good for environmental protection, the lack of fundamentals still restricts market prices. For next week's market, although with the approaching of the 70th anniversary, environmental protection will not relax, and steel mills will substantially reduce production and maintenance, but now the possibility of short-term demand warming is not great, coupled with September 1 will inevitably have many construction sites facing forced shutdown, therefore, the situation of weak turnover is difficult to change in the short term, and now this is the case. With such a large market inventory, facing such a poor market turnover, the inventory will be digested for a period of time. Therefore, the situation of weak short-term fundamentals will remain unchanged. Prices are not supported by the fundamentals after the rebound stimulated by good news. There will still be an embarrassing situation of rapid decline. It is expected that Tianjin Fangguan market prices will continue to oscillate weakly next week.

價(jià)格方面，截至8月16日午間，天津市場(chǎng)上河北鋼鐵集團(tuán)產(chǎn)HPB300Φ6.5-10mm高線價(jià)格為4620-4760 元，比上周價(jià)格跌40元；河北鋼鐵集團(tuán)產(chǎn)Φ18-25mm三級(jí)抗震螺紋鋼價(jià)格為3620-3670元，比上周價(jià)格跌10-30元；三級(jí)抗震盤(pán)螺價(jià)格為 4080元，與上周價(jià)格持平。

In terms of price, as of noon on August 16, the price of HPB300 6.5-10mm high-speed line produced by Hebei Iron and Steel Group in Tianjin market was 4620-4760 yuan, 40 yuan lower than last week's price; the price of grade 18-25mm three-stage aseismic thread steel produced by Hebei Iron and Steel Group was 3630-3670 yuan, 10-30 yuan lower than last week's price; and the price of grade three-stage aseismic plate screw was 4080 yuan, compared with last week's price. Prices are flat.