Piping tube market trends are becoming increasingly mysterious and volatile. If yesterday's market was just a local relaxation, today it's a collective downturn, and most dealers are experiencing a rollercoaster ride of prices. After the opening bell, with the futures market underperforming and spot prices largely returning to previous lows, customers seemed more relaxed: looking for suitable products according to the construction site's order plan, trying to negotiate lower prices for purchases. According to feedback from spot trading points, before 10 AM, the market sentiment was pessimistic: most traders chose to actively sell, with prices referencing the market low, even with slight declines. After 10:30 AM, as futures rose from their low, market sentiment showed signs of improvement:刚性 demand entered actively, more intermediaries locked in inventory, and more merchants stopped selling at ultra-low prices. It's a market that's both changeable and mundane: for merchants, the price of piping tubes is rising cautiously and falling abruptly. For users, the market is volatile day by day. Through the phenomena, how to smoothly ship goods in ups and downs, and how to reduce costs in fluctuations, are the issues both sides should consider. Futures rose slightly from their low, while spot prices slightly fell.刚需 followed steadily, and market transactions recovered—this was the morning's market characteristic. By noon, major stockholders sold over 2,000 tons, and medium and small companies opened orders for 300 to 400 tons, with overall shipment volume improving compared to the same day last week. Price cuts were made, but not significantly; from the morning's trading, the leading resource's selling price slightly declined. The morning saw fluctuations in piping tube futures and low spot prices. In the afternoon, futures struggled, while spot prices remained calm. In the afternoon, rebar futures weakened, but fortunately, they recovered at the end of the trading day, with the main contract closing slightly lower. The capital market was volatile, while the spot market was calm: prices remained unchanged among major traders, and medium and small companies were also calm. In terms of transactions, construction sites bought according to need, intermediaries replenished orders normally, and market transactions were lukewarm. By the end of the day, major traders sold over 4,000 tons, medium and small companies shipped between 500 and 800 tons, with a total increase of 30% compared to the previous day. Looking back at the week, prices fluctuated frequently within a range, and transactions were hot and cold without breakthroughs. The current market situation is: demand is normal, neither overestimating nor underestimating is advisable. Inventory still needs to be digested, and manufacturers and merchants are rational—without external forces, the time of price stabilization will continue to lengthen, and regional differences will not be significant. Today, Shanghai market prices slightly weakened, with surrounding areas largely in sync. Leading steel mills either stabilized or rose, with market prices weakly stable. Nanjing's leading steel mill stabilized, with market prices softening. Nanchang's market prices stabilized with slight declines, with general shipment. The Hangzhou market opened slightly lower, with low-priced shipments during trading, followed by a slight rise in line with futures.

Desiring price increases but lacking the right opportunity. Construction sites have plans, and deals can be made at low prices – that was the morning's market characteristic. By lunchtime, large inventory holders sold over 2,000 tons, and medium and small companies also placed a few orders, with pipeline pipes seeing overall favorable transactions. From the morning's trading, the leading resources' prices remained nearly unchanged. Quotes were unchanged in the morning, with demand remaining steady. Afternoon sentiment was stable, with the mainstream maintaining the status quo. In the afternoon, the pipeline pipe spot market remained calm: prices were relatively firm among large holders, and medium and small companies didn't have particularly low prices (quotes were essentially the same as transaction prices, with few voluntary discounts). In terms of transactions, construction sites placed regular orders, intermediaries sought low-priced restocking, and market trading varied from cold to hot (prices slightly higher meant slow sales, while slightly lower prices facilitated shipments). Overall, large holders sold nearly 4,000 tons, and medium and small companies shipped around 500-600 tons, slightly down from last Friday. Today, the surrounding regions are generally stable. The leading steel mill in Hefei reported stable prices, with market prices consolidating. The leading steel mill in Nanjing saw a high補跌, with pipeline pipe market prices falling. The market in Nanchang was stable with sparse shipments. In Fuzhou and Xiamen, prices remained unchanged, with transactions thin. The Hangzhou market opened steady, with fluctuations during the trading session, and transactions were unevenly hot and cold. On the news front, Shangang announced today that the pipeline pipe plan quantity discounts for May were all fully applied – no comparison, no harm: in April, pipeline pipes were at a 6.8 discount for plan quantity, and rebars were fully discounted. In March, pipeline pipes were at a 50% discount for plan quantity, and rebars were also at 50%. From the comparative data, as the maintenance ends, pipeline pipe production is expected to further recover in May.