With the domestic monetary liquidity environment gradually relaxed, period snail market also ushered in a sharp rise.However, after a new round of surge, so far, the market began to adjust, but the direction of the adjustment seems to be unclear, and the high price under the poor deal has been obvious.Check the factors affecting the rebar market, found that the current market interweave.

The cost of production is increasing.Since June, domestic coal prices have been rising, Shenhua and China Coal Group two major coal enterprises announced coal prices in July, both above the main adjustment, which makes the market continue to bullish coal prices.At present, the high temperature weather across the country caused by electricity pressure, and coal production capacity reduction results caused a slight shortage of supply resources, the above two factors lead to the soaring coal prices.In the coal price rise at the same time, will lead to a significant increase in steelmaking costs, which is a support for the rebar market.

What factors affect the price of rebar at present?

Steel mills are still operating at high levels.As the profits of steel mills have been high, resulting in high utilization rate has been.According to the survey, the overall start of steel wholesale is still close to 90% of the high level.Although the "ground strip steel" was banned brought the gap, but also can not underestimate the capacity of large manufacturers, in this year's overall steel prices go up, especially under the background of high steel profits, "ground strip steel" most of the gap is fully likely to be filled.According to our understanding of the market, steel mill blast furnace operating rate has been more than 86% for a long time.Although the short - term supply gap is still in, but in the long - term, it is bound to form pressure on the late market supply.

The rise in rebar prices started in late June and has been going on for more than half a month. If the price alone is concerned, it is obvious that the rise is excessive.Futures point of view, although the current basis gradually return to normal, but in the rise is too fierce, the terminal downstream demand is not prosperous in the background, there is also an obvious need to adjust.

On the whole, at present, the influence of the steel rebar is interwoven, short-term prices should be adjusted demand, but it is estimated that the range will not be too large, the overall high wide shock seesaw is more likely.Although there are many fundamental factors, but the futures trend will still dominate the market direction, need to pay attention to the key point of steel rebar futures support