The threaded disk is repeated during weak reality and strong forecast, and it is expected to maintain oscillating operation

Jinshi Futures on June 11, Tangshan Pu billet reported 3410 stable in early trading today. Shanghai building materials prices caught up in the afternoon. Spot quotations weakened along with the period. The market atmosphere was affected by the reduction of overseas risk appetite. Most domestic commodities turned down. The supply and demand pressure of finished materials entering the off-season increased, and the decline in raw materials accelerated. At the spot level, the supply and demand of rebar both weakened. Due to the advent of the seasonal off-season and the impact of the college entrance examination, inventories were slightly accumulated in the weakened demand state. Due to the decline in production willingness of steel mills due to weak demand, supply fell slightly and cost support was loose. At present, rebar has entered the off-season accumulation, and there is a lot of pressure on demand decay and cost support to weaken. However, overseas central banks have cut interest rates one after another, and domestic policies have been gradually implemented. The disk has been repeated during the period of weak reality and strong forecasts. It is expected that steel prices will remain volatile. Operationally, the disk volatility has intensified and the volatility has been weak.