Inventory inflection point approaching, winter storage also need to be cautious

Date:2020-12-31Source:ManagerFollow:

1. Weather warning

The National Meteorological Center (NMC) issued an orange alert at 6 am on December 28, warning that strong cold air will affect most parts of central and eastern China from west to east and north to south, bringing high winds and strong cooling.28 solstice is expected to 31, the temperature will drop around 10 ℃ in most regions of Middle East, eastern northwest, northeast, southeast, north west and north, south of huanghuai, jianghuai, jiangnan, south China north-central cooling for 12 ~ 16 ℃, local cooling rate can reach more than 16 ℃, the region will have 4 ~ 6, wind 7 ~ 9 northerly winds, eastern and southern sea area in our country there are 7 ~ 9, wind 10 ~ 11 northerly winds;After the cooling, the minimum temperature of 0℃ will press south to the northern part of South China, and the minimum temperature of -10℃ will be from the lower reaches of the Yellow River to the Qinling Mountains.Cold weather market demand weakened, spot trading atmosphere depressed manufacturers willing to loosen, more active shipping operations.

2. Inventory warning

At present, the overall market inventory is relatively low, and the cost of goods in the early stage is high, manufacturers still have a price mentality, but now at the end of the year, capital turnover pressure prominent, bad weather, limited demand release, high turnover is not free, it is expected that this week at the latest next week will become the inflection point of inventory, the overall inventory from down to up.

3. Winter storage early warning

After the previous phase of a rollercoaster ride, the title of the precious metals traders haven't take off, but after a recent peak of callback stage, gold content is slightly reduced, under pressure from high raw material, vendor's price will increase, but because had winter time continuous approximation, and the contradiction between supply and demand of the actual continues to escalate, in anticipation, iron palm will continue, cost, had winter prices is expected to fall this year to last year's price, you want to had winter brother needs careful consideration.