Market sentiment has weakened, and finished products have fallen. Pay attention to the demand for finished products

Golden Ten Futures on May 8, the main contract of threads fluctuated at a low level, and the night session fell by more than 1%. Guantong Futures said that the supply and demand data of finished steel mesh and steel grain mesh may not be as good as expected to affect market sentiment, and today's black series opened lower and went lower. From the perspective of the fundamentals of finished materials themselves, affected by the holidays, the demand for finished materials fell, and the destocking of inventories slowed down, but it is expected that demand will be repaired after the holiday. In the short term, finished materials are expected to continue to depot. At the same time, with the resumption of blast furnace production, the pressure on the supply side gradually increases. On the cost side, molten iron rebounds seasonally, the pressure on the raw material side slows down, and coke At the macro level, the Politburo meeting before the festival released a positive signal, the real estate policy continued to be optimized, special project bonds and long-term national debt were gradually issued and implemented, and the macro atmosphere was warmer. To sum up, < b > steel mills are in the process of resuming production, and the demand for finished materials is expected to be repaired after the holiday. The industrial chain does not have negative feedback conditions for the time being, and the space for the correction of finished materials on the disk may be limited ; the fundamental changes of snails are still better than the volume, and the positions of empty snails are gradually reduced at bargains. Pay attention to the implementation of policies and the removal of their own inventories