方管

国内方管市场价格或继续承压下行成交较不理想

本周方管市场价格震荡下滑。进入六月，方管市场明显不如前几月，一方面各类相关需求企业行业指数回落，需求逐步萎缩，而原料成本虽有支撑，但大势已过。另一方面国内及全球经济增速放缓，经 济压力增大，虽方管行业有各地环保限产以及国家宽松政策支撑，但市场心态接近低迷，加上今年上半年钢企持续积极的生产，资源上量，产能扩张，整体而言对钢 材行业尤为不利。目前，主导区域邯郸、唐山、天津、江阴、乐从主流价格分别运行在3760、3840、3760、3820、4110元左右，南北价差略有 扩大，北方资源辐射范围较之前亦略有扩散，不过由于近期价格弱势运行，方管市场交投氛围不活跃，成交较不理想。钢厂层面，据兰格网统计，本周津冀鲁豫中板厂日 均中板产量6.45万吨，产能利用率95%，周环比降1个百分点，基本持平。从开工数据可以看出，北方中板厂各厂方管扎线基本仍保持满产状态，继续高位 运行。锁价方面，本周主导钢厂锁价政策坚挺运行，对市场价格有一定支撑。不过，值得注意的是，当前市场正向高温多雨季过渡，后期淡季冲击，终端用户施工进 度缓慢，下游用户采购减少，需求端承压下滑，对方管市场价格不利，与此同时，板材需求亦不佳，价格或也会跟跌下滑。综合而言，在空头占优的情况下，叠加端 午临近，短期国内方管市场价格或继续承压下行。

This week, the market price shocks and falls. Into June, the square tube market is obviously not as good as the previous months. On the one hand, the industry index of all kinds of related demand enterprises has fallen, and the demand has gradually shrunk, while the cost of raw materials has been supported, but the trend has passed. On the other hand, domestic and global economic growth has slowed down and economic pressures have increased. Although the square pipe industry is supported by local environmental protection and production restrictions as well as national relaxation policies, the market mentality is approaching a downturn. In addition, the continuous positive production of steel enterprises in the first half of this year, the increase of resources and capacity, as a whole, is particularly disadvantageous to the steel industry. At present, the mainstream prices of Handan, Tangshan, Tianjin, Jiangyin and Lecong in the dominant regions are running at around 3760, 3840, 3760, 3820 and 4110 yuan respectively. The price gap between North and South has expanded slightly, and the radiation scope of resources in the North has also spread slightly. However, due to the recent weak price operation, the trading atmosphere in the market is not active and the transaction is not satisfactory. At the level of steel mill, according to the statistics of Lange Net, the average daily production of medium plate in Jinji, Shandong and Henan Medium Plate Mills this week is 64.5 million tons, the productivity utilization rate is 95%, and the ratio of circumference to circumference decreases by 1 percentage point, which is basically flat. From the start-up data, it can be seen that the pipeline tied up by the factories in the North Medium Plate Plant is still in full production and continues to operate at a high level. In terms of lock-in price, this week dominated the firm operation of lock-in price policy for steel mills, which has certain support for market prices. However, it is noteworthy that the current market is transitioning to high temperature and rainy season, with late off-season shocks, slow construction progress of end-users, reduced procurement of downstream users, declining pressure on the demand side, which is not conducive to the market price of the other side. At the same time, the demand for sheet metal is not good, and the price may also fall with it. Generally speaking, in the case of short-term dominance, with the Dragon Boat Festival approaching, the short-term domestic mid-plate market prices may continue to decline under pressure.

价格方面：截至6月6日，国内重点城市16-25mm普板均价3945元(吨价，下同)，较上个交易日跌10元，较上周同期跌56元，较上月同期跌140元。

Price: As of June 6, the average price of 16-25mm board in key cities in China was 3945 yuan (ton price, the same below), 10 yuan lower than the previous trading day, 56 yuan lower than the same period last week, 140 yuan lower than the same period last month.