The five countries accelerate the focal adjustment pace
After the Spring Festival, the market hit of macro policy level, on the one hand, the peripheral market data, and the federal reserve meeting minutes hints or early termination QE, Italy's general election to form a stable government outlook. On the other hand, the domestic choose the policy of real estate, in front of the two premise to deal with the grim situation of the current real estate market. As a result, the commodity market as a whole under pressure. "Heavy disaster area" of one industrial markets become down, while the domestic housing market regulation policy accurately hit the related building materials varieties, coke adjustment greatly speed up the pace.
Suppliers b2b directories , Around coking coal enterprises and production in succession after the Spring Festival, although the post-holiday downstream in the short term there are still certain inventory requirements, but the supply of preganglionic tensions will continue to ease, which will effectively ease the market hype. Around but considering the two meetings held in March, will increase the intensity of work safety, estimation of small and medium-sized coal mine and there will be a new round of construction limited, from the perspective of the supply of coking coal, will still be tight local, so domestic coking coal falling may not deep.
Clinch a deal the downstream steel market affected by the policy factor, dropped sharply, steel social inventories rising fast, spot prices began to fall. The coke market due to weak bargaining power, often with steel prices. The apparent cooling downstream demand, market wait-and-see mood to higher coke enterprises inventory appear different degree rise, coke spot market rise to an abrupt end, before demand season is expected to maintain stability in the weak structure.
Even short-term focal adjustment fast, continuous mark down through integer support, late 1800 yuan will be a test of the main position. Now even the focal downward space gradually narrowing, but short pattern has not changed, the current cautious operation idea, waiting for the spring.