本周方管市場(chǎng)價(jià)格再度回落。截止8月23日國(guó)內(nèi)熱軋卷板均價(jià)3750元(噸價(jià)，下同)，較上周同期跌22元，較上月同期下跌148元。移倉(cāng)換月越來(lái)越近，本周期貨多空博弈劇烈，在此影響下，下游拿貨也一再觀望。臨近八月底，下游需求仍沒(méi)有明顯抬頭。在貿(mào)易戰(zhàn)影響下，機(jī)加工產(chǎn)品出口受到抑 制，一些華東地區(qū)機(jī)械及鋼構(gòu)廠不少關(guān)停，外貿(mào)出口不利的情況下，靠?jī)?nèi)需帶動(dòng)的需求仍然有限，下游拿貨一再觀望。由于盤(pán)面的動(dòng)蕩，采購(gòu)方只有在盤(pán)面穩(wěn)定后方 會(huì)入場(chǎng)。一些方管廠家維保銷(xiāo)量普遍優(yōu)惠10元出貨，價(jià)格較上周再次小幅回落。

This week, market prices fell again. As of August 23, the average price of domestic hot rolled coil sheet was 3750 yuan (ton price, the same below), which was 22 yuan lower than the same period last week and 148 yuan lower than the same period last month. The month of warehouse transfer is getting closer and closer. This week, the multi-empty game of futures is fierce. Under the influence of this, the downstream pickup is also waiting and watching. Near the end of August, downstream demand is still not rising significantly. Under the influence of the trade war, the export of machined products has been restrained, many machinery and steel factories in eastern China have been closed down, and the demand driven by domestic demand is still limited when the export of foreign trade is unfavorable. Due to the instability of the market, the purchaser will enter only after the market is stable. Some manufacturers generally offer a 10 yuan discount on maintenance sales, and the price is slightly lower than last week. 據(jù)我網(wǎng)統(tǒng)計(jì)，截至8月23日，國(guó)內(nèi)熱卷社會(huì)庫(kù)存 235.79萬(wàn)噸，較上周降0.3%，其中樂(lè)從熱卷庫(kù)存58.9萬(wàn)噸，周環(huán)比降3.3%，主要原因在于臺(tái)風(fēng)影響，本周到貨資源不多，方管廠家們減倉(cāng)變現(xiàn)使得 庫(kù)存下行。此外，臨近結(jié)算日，商家提拉價(jià)格的意愿不大，華北地區(qū)價(jià)格在3690-3750元，其中邯鄲地區(qū)價(jià)格3690元，價(jià)格最低。華東地區(qū)價(jià)格 3730-3780元，華南價(jià)格3780-3830元。出貨水平華北地區(qū)大戶(hù)1500噸上下，華東華南在400-1000噸左右，較上周出貨好。

According to our network statistics, as of August 23, the domestic hot coil social inventory was 2.3579 million tons, down 0.3% from last week. Among them, Lecong hot coil inventory was 589,000 tons, and the circumferential ratio was down 3.3%. The main reason was the impact of typhoon. This week's arrival resources were not enough, and square tube manufacturers reduced their warehouse cash to make the inventory down. In addition, near the settlement date, the willingness of merchants to raise prices is not strong. The price in North China is 3690 yuan, among which Handan is the lowest. The price of East China is 3730-3780 yuan, and that of South China is 3780-3830 yuan. The shipment level is about 1500 tons for large households in North China and 400-1000 tons for East and South China, which is better than last week's shipment.

后市而言，期貨移倉(cāng)換月趨近，期貨市場(chǎng)繼續(xù)多空震蕩，而結(jié)算過(guò)后，在需求沒(méi)有抬頭的情況下，下周熱卷價(jià)格或仍以弱穩(wěn)運(yùn)行為主。

In the future, the futures market will continue to be vacant and volatile, and after the settlement, the hot-roll price will still be weak and stable in the next week without the rise of demand.