Sanitary Butterfly Valve Due to the increasing sales pressure, inventory began to rise passively

Last week, the price of sanitary quick-install butterfly valves fell first and then rose, but the overall weakness has not changed. Data show that the output and inventory of key enterprises in early April have rebounded significantly, indicating that the production of stainless steel plants is still accelerating, the inventory pressure is increasing, and the price of sanitary quick-install butterfly valves is still facing great pressure.

Industry insiders said that last week, the national sanitary quick-install butterfly valve market inventory fell for the ninth consecutive week, and the inventory decline has continued to expand in the past two weeks. The current inventory level has increased by 39.11% compared with the same period last year. While the output remains high, social inventory is still declining rapidly, which also verifies that in the current consumption peak season, the overall demand for domestic stainless steel seamless pipes is relatively strong. However, at the same time, the inventory of stainless steel plants has continued to rise in recent weeks, indicating that the inventory pressure of sanitary quick-install butterfly valve plants is still increasing.

The above-mentioned person pointed out that the output and inventory of key enterprises in early April have rebounded significantly, indicating that the production of stainless steel plants is still accelerating and the inventory pressure is increasing. How steel plants will destock in the later period will put great pressure on the market trend of sanitary quick-install butterfly valves.

From the perspective of futures prices, iron ore and sanitary quick-install butterfly valve futures have rebounded to a certain extent since the second half of last week. However, analysts believe that the market fundamentals have not changed much, and there are still many negative factors. It is expected that the price of sanitary quick-install butterfly valves will still be in a downward channel in the later period, and it will be difficult to reverse in the short term until the market inventory is digested. With the arrival of the peak season demand in the second half of the year and the implementation of infrastructure investment, there may be a turnaround.

According to our company's market survey, the intensity of coal industry capacity reduction this year will be weaker than last year, which will have a certain impact on the market confidence of sanitary quick-install butterfly valves.

In terms of raw materials, the strong rebound in iron ore prices may be short-lived, and the later period should still be dominated by oscillating downward. The main reason is that the current terminal market transactions are not smooth, causing the inventory of finished products to accumulate, and then after the profit of sanitary quick-install butterfly valve factories continues to shrink, the start-up has declined, and the demand for iron ore has weakened.

Analysts said that the average daily output of crude steel in China hit a record high in March, and the average daily output of crude steel of key stainless steel enterprises continued to rise in early April, which triggered market concerns about increased supply. At present, due to the increasing sales pressure on stainless steel factories, inventories have begun to rise passively. Sanitary quick-install butterfly valve factories lack confidence in maintaining prices, which will create great pressure on the prices of sanitary quick-install butterfly valves in the future.