Market price forecast of carbon steel plate on November 30

On November 27, the average price of 20mm thickness carbon steel plate in 24 major cities of China was 4044 yuan / ton, up 16 yuan / ton on a weekly basis. Demand persistence is still weak. In addition, with the market's desire for winter storage increasing, the willingness of the circulation side to actively suppress prices has also increased significantly.

Last week, the social inventory of carbon steel plate continued to decrease, and the short-term inventory reduction cycle showed signs of gradually ending, and the negative effects of subsequent inventory accumulation would gradually appear. In the short term, the kinetic energy of the market price rise of carbon steel plate is slightly insufficient, and it is expected that the price of carbon steel plate will be more likely to be adjusted by concussion.