13642048668
北京33选7Q235CDENGBIANJIAOGANGHUAXUECHENGFEN: Q235CJIHANC≤0.17% Mn:0.35~0.80 Si≤0.30 S≤0.035 P≤0.035
Q235CDENGBIANJIAOGANGHUAXUECHENGFEN: Q235CJIHANC≤0.17% Mn:0.35~0.80 Si≤0.30 S≤0.035 P≤0.035
●行情回顾:需求加速下降,钢价大幅下挫;
●供给分析:钢厂生产积极,供给压力不减;
●需求分析:春节假期临近,需求难有改观;
●成本分析:原料冲高回落,成本重心下移;
●宏观分析:降准预期升温,资金跨过年关。
●综合观点:十二月,国内建筑钢市大幅下挫,主要原因是供强需弱格局形成,前期由供需错配引起的价格反弹基础不再,厂商情绪集体转向悲观;加之年关临近,市场资金压力开始显现,厂商为了回笼资金,有意加快出货速度,最终导致市场价格持续走低;其中,11月份涨幅最大的华南、华东和西南等地跌幅更大,区域价差逐渐恢复正常。目前,北方需求陆续收尾,当地钢厂冬储政策陆续公布后,市场价格趋于平稳;而南方市场需求强度整体减弱,库存逐步向贸易商转移,价格继续下行的空间也不大。1月份即将迎来农历春节,工地施工受到限制,很多贸易商将在中旬陆续休市,因此国内建筑钢价有望在调整之后进入有价无市的状态。基于此,我们对于一月份国内建筑钢行情走势持“需求停滞,价格渐稳”的判断——预计1月份沪市优质品螺纹钢代表规格价格(以指数为基准),或将在3900-4000元/吨区间运行。
download_img("", "http://pic.96369.net/o_1dt34dn5312pmgb53kp1a1l5v09.bmp")
行情回顾:12月钢价大幅下挫
一、 行情回顾篇
北京33选7 2019NIAN12YUEFENGUONEIJIANZHUGANGJIADAFUXIADIE,JIEZHI12YUE27RI,GANGCAIZHISHUSHOUZAI3950,JIAOSHANGYUEMOXIADIE390,YUEHUANBIDIEFUWEI8.99%。
JUTILAIKAN,JINRUSHIERYUEHOU,QUANGUODUODIQIWENZOUDI,BEIFANGDIQUYINGLAIYUXUETIANQI,GUONEIGANGCAIXUQIUCHENGXIANDUANYASHIXIAJIANG。YUCITONGSHI,YIDUBEIYANWUDEBEIFANGZIYUANJIZHONGDAOGANG,HUADONG、HUANANDENGDIGONGJIYALIZHOURANFANGDA,QIANQIYIN“QUEHUO”DAOZHIDEJIAGEBAOZHANGJICHU“BENGTA”。ZAIGONGQIANGXURUODEXIANZHUANGXIA,GANGCAISHEHUIKUCUNYOUJIANGZHUANSHENG,JIASHANGNIANMOJIANGZHI,ZIJINHUILONGYALIMINGXIANZENGDA,MAOYISHANGQINGXUYEZHUANXIANGBEIGUAN,ZUIZHONGDAOZHIBENYUEGUONEIJIANZHUGANGCAIJIAGEDAFUXIACUO。MUQIAN,GUONEIGEDISHICHANGQUYUJIACHAYIJINGDEDAO“XIUZHENG”。
北京33选7 GUONEIJIANZHUGANGJIAZAIJINGLI12YUEFENDAFUXIACUOHOU,1YUEFENSHICHANGSHIFOUHAIHUIJIXUXIAXING?DONGCHUJIEDIANHESHIQUEDING?DAIZHEZHUDUOWENTI,YIQILAIKAN1YUEGUONEIJIANZHUGANGCAIXINGQINGFENXIBAOGAO。
二、供给分析篇
1、国内建筑钢材库存现状分析
download_img("", "http://pic.96369.net/o_1dt34eoqd1a0f6moc8qo4u1r3e9.bmp")
北京33选7 JIANCEKUCUNSHUJUXIANSHI,JIEZHI12YUE26RI,GUONEIZHUYAOGANGCAIPINZHONGKUCUNZONGLIANGWEI780.07WANDUN,JIAO11YUEMOSHANGSHENG16.25WANDUN,ZENGFU2.13%,JIAOQUNIANTONGQIJIANSHAO27.8WANDUN,JIANGFU3.44%。QIZHONGLUOWEN、XIANCAI、REYA、LENGYA、ZHONGBANKUCUNFENBIEWEI317.05WANDUN、98.94WANDUN、167.9WANDUN、102.78WANDUNHE96.4WANDUN。BENYUEGUONEIWUDAGANGCAIPINZHONGZHONGLUOWENGANGJIXIANCAIKUCUNCHUXIANSHANGSHENG,REYA、LENGYA、ZHONGHOUBANZERENGBAOCHIXIAJIANG,BUGUOJIANGFUYOUSUOSHOUZHAI。
北京33选7 JULEJIE,12YUESHANGXUN,GUONEIJIANCAIKUCUNCHUXIANGUAIDIAN,SUIZHEZHONGDUANXUQIUCHIXUZOURUO,GANGCHANGCHANNENGSHIFANGKUODA,GONGQIUMAODUNTUXIAN,JIANCAIKUCUNLIANXUPANSHENG。SUIRANBUFENDIQUZAIGANGONGQIYINGXIANGXIA,XUQIUSHANGBAOCHIYIDINGRENXING,KUCUNLEIKUSUDUYEJIAOWEIHUANMAN,DANSUIZHEQIWENXIAJIANGYIJICHUNJIEJIAQIDELINJIN,ZHONGDUANXUQIUJIJIANGJINRUTINGZHIZHUANGTAI,ERGANGCHANGPAICHANZEWEICHIZHENGCHANGJIEZOU,JIESHIKUCUNSHUIPINGHUOJIANGJIXUSHANGSHENG。
2、国内钢材供给现状分析
download_img("", "http://pic.96369.net/o_1dt34fhd6e4ui581fhjerc1gv49.bmp")
JUZHONGGUOGANGTIEGONGYEXIEHUITONGJISHUJUXIANSHI,2019NIAN12YUESHANGXUNZHONGDIANGANGQICUGANGRIJUNCHANLIANG196.72WANDUN,XUNHUANBIZENGJIA0.25WANDUN,ZENGZHANG0.13%。JIEZHI2019NIAN12YUESHANGXUNMO,ZHONGDIANGANGTIEQIYEGANGCAIKUCUNLIANGWEI1120.92DUN,XUNHUANBIJIANSHAO60.08WANDUN,XIAJIANG5.09%。
JUGUOJIATONGJIJU12YUE16RIGONGBUDESHUJU,11YUEFENWOGUOCUGANG、SHENGTIEHEGANGCAICHANLIANGFENBIEWEI8029WANDUN、6477WANDUNHE10402WANDUN,TONGBIFENBIEZENGZHANG4%、ZENGZHANG2.1%HEZENGZHANG10.4%;RIJUNCHANLIANGFENBIEWEI267.63WANDUN、4215.9WANDUNHE346.73WANDUN,RIJUNHUANBIFENBIEZENGZHANG1.8%、2.1%HE4.7%。
3、国内钢材进出口现状分析
download_img("", "http://pic.96369.net/o_1dt34g60bu5km2f13tp1p8a1fkr9.bmp")
JUHAIGUANZONGSHUZUIXINSHUJUXIANSHI,11YUEJINCHUKOUGANGCAITONGBIJUNHUILUO,JUTILAIKAN:11YUEJINKOUGANGCAI104WANDUN,TONGBILVEJIANG1.4%。GANGTIEBANCAIJINKOU85WANDUN,TONGBIJIANSHAO4.3%。2019NIAN11YUE,WOGUOCHUKOUGANGTIEBANCAI268WANDUN,TONGBIXIAJIANG15.3%;1-11YUELEIJICHUKOU3578WANDUN,TONGBIXIAJIANG3%。11YUE,WOGUOCHUKOUFEIGANG30DUN,TONGBIXIAJIANG88.2%;1-11YUELEIJICHUKOU2706DUN,TONGBIXIAJIANG99.2%。
4、下月建筑钢材供给预期
YOUYU11YUEFENJIANZHUGANGCAIJIAGENISHIFANDAN,GANGCHANGLIRUNKONGJIANFANGDA,JINRU12YUEFENHOUCHANNENGJIJISHIFANG,SHICHANGGONGJIYALICHIXUSHANGSHENG。BUGUO,SUIZHEHUANBAOZHIWULIDUJIADA,YIJICHUNJIEJIAQILINJINGANGCHANGZHUDONGJIANXIU,DUICHANNENGHUIYOUYIDINGDEZHIYUE。LINGWAI,SUIZHEWOGUOGANGCAICHUKOUSHULIANGDEXIAJIANG,YUJIMINGNIAN1YUEFENGANGCHANGSHIJICHANLIANGBUHUIDAFUZENGZHANG。
三、需求形势篇
1、沪上建筑钢材销量走势分析
download_img("", "http://pic.96369.net/o_1dt34h54b7sqrrs1fd0h7s10pl9.bmp")
12YUEFEN,GUONEIGANGSHIXUQIUKUAISUHUILUO。YISHENCHENGWEILI,ZAIGANGONGQILUXUJIESHUHOU,XIAYOUXUQIUNANYIWEICHIGAOWEI,DIEJIAQIWENCHIXUXIAJIANGYIJIYINYUTIANQIZENGDUODENGYINSU,SHICHANGJIAOTOUQIFENRIJIANPIRUAN,BENYUEMEIZHOUXIAOLIANGCHIXUXIADIE。JINRUYIYUEFENHOU,SHOUCHUNJIEJIAQIYINSUYINGXIANGGONGDIJIANGZHUBUQUANMIANTINGGONG,YUJI1YUEFENSHICHANGZHENGTIXUQIUJIAO12YUEFENJIANGJIXUHUILUO。
四、成本分析篇
1、原材料成本分析
download_img("", "http://pic.96369.net/o_1dt34i3bru5q1bq51v31ekb8339.bmp")
北京33选7 12YUEYUANLIAOJIAGEZHANGDIEHUXIAN,GENJUJIANCESHUJU,JIEZHI12YUE27RI,TANGSHANDIQUPUTANFANGPICHUCHANGJIAGE3320YUAN/DUN,JIAOSHANGYUEMOJIAGEXIADIE120YUAN/DUN;JIANGSUDIQUFEIGANGJIAGEWEI2590YUAN/DUN,JIAOSHANGYUEMOXIADIE20YUAN/DUN;SHANXIDIQUERJIJIAOTANJIAGEWEI1740YUAN/DUN,JIAOSHANGYUEMOJIAGESHANGZHANG100YUAN/DUN;TANGSHANDIQU65-66PINWEIGANJITIEJINGFENJIAGEWEI810YUAN/DUN,JIAOSHANGYUEMOSHANGZHANG10YUAN/DUN;PUSHI62%TIEKUANGSHIZHISHUWEI89.7MEIYUAN/DUN,JIAOSHANGYUEMOSHANGZHANG2.45MEIYUAN/DUN。
12YUEFENGUONEIGANGPIJIAGEZHENDANGXIADIAO。BENYUESUIZHEXIAYOUCHENGPINCAIJIAGELIANXUXIADIE,GANGPISHICHANGGENFENGHUILUO;CAINUANJIZHONGWURANTIANQIYINGJIXIANGYINGDUIXIAYOUYONGPIXUQIUYINGXIANGMINGXIAN;CHUANTONGXIAOFEIDANJIXIANXIAN,YAGANGQIYEZAIWEILIQINGKUANGXIASHENGCHANJIJIXINGBUGAO。ZAICHENGPINSHICHANGLUXUJINRUDONGCHUDINGJIAJIEDUAN,GANGPIGENGDUOTIXIANWEIPANMIANDONGCHU,YUJI1YUEFENGANGPIJIAGERENGYOUXIAOFUXIADIAOKONGJIAN。
北京33选7 12YUEFENGUONEIJIAOTANJIAGEZHENGTISHANGXING。BENYUEJIAOTANQIYEJINXINGLESANLUNTIZHANG,SHICHANGYEJIBENLUOSHI。CONGGONGYINGDUANKAN,JIAOQIZHANGJIAHOUSHENGCHANJIJIXINGJIAOGAO,CHUSHANXIYUNCHENGDENGBUFENDIQUHUANBAOYUJINGYAOQIUXIANCHAN,SHANDONGQUCHANNENGBUFAJIAKUAIDENGYINSUYINGXIANGBUFENDIQUJIAOTANGONGYINGWAI,QIYUJIAOQIDUOBAOCHIGAOWEIKAIGONG,FAYUNQINGKUANGZHENGTIJIAOHAO。CONGXUQIUDUANKAN,GANGCHANGKAIGONGLVBAOCHIGAOWEI,BEIFANGBUFENDIQUQIANQISHOUYUXUETIANQIYINGXIANGDAOHUO,JINQIGANGCHANGDAOHUOQINGKUANGZHUBUHAOZHUAN;KAOLVDAOCHUNJIEJIANGZHI,BUFENGANGCHANGRENGYOUBEIKUXUQIU,YUJI1YUEFENJIAOTANJIAGEJIANGGAOWEIPANZHENG。
12YUEFENGUONEIFEIGANGJIAGEZHENDANGHUILUO。JINRUSHIERYUEFEN,SUIZHECHENGPINCAIXUQIUDEJIANRUO,FEIGANGXIAXINGYALIZHUJIANZENGQIANG,JIAGECHUXIANYIDINGFUDUDEHUILUO。SUIZHECHUNJIEJIAQIDELINJIN,FEIGANGSHICHANGDONGCHUQIFENJIANGHUIZENGQIANG。ANZHAOWANGNIANQINGKUANG,GANGCHANGWEIQIANGZHANFEIGANGZIYUAN,HOUQIJIANGHUIZHENGXIANGTIJIASHOUHUO。LINGWAI,YOUYUJINNIANCHUNJIESHIJIANJIAOZAO,FEIGANGDONGCHUSHIJIANJINPO,ZAICIQINGKUANGXIA,GANGCHANGFEIGANGCAIGOUJIAGEJIANGYIZHANGNANDIE。YUJI12YUEFENGUONEIFEIGANGSHICHANGZHIDIEFANDAN。
北京33选7 12YUEFENTIEKUANGSHIJIAGEGAOWEIYUNXING。JINQITIEKUANGSHIGAOWEIZHENDANG,JIXUSHANGXINGKONGJIANYOUXIAN。YIFANGMIAN,GANGCHANGJIEQIANBUKUYUQIYIJINGZAIQIHUOPANMIANDEDAOTIXIAN,CONG11YUEZHONGXUNKAISHI,GANGCHANGSHAOJIEFENKUANGKUCUNCHIXUHUISHENG,YIJINGCHUANG2019NIAN2YUEYILAIDEGAOWEI;LINGYIFANGMIAN,SUIZHEGANGJIACHIXUHUILUO,GANGCHANGLIRUNSHOUSUO,ZHUDONGBEIHUOJIJIXINGBUZAI。ZONGTIERYAN,TIEKUANGSHIJIXUSHANGXINGDEKONGJIANSHOUDAOYAZHI,YUJI1YUEFENGUONEITIEKUANGSHIZOUSHIJIANGYIGAOWEIPANZHENGYUNXING。
北京33选7 12YUEFENBDIZHISHUDAFUXIAHUA,JIEZHI12YUE27RI,BOLUODEHAIGANSANHUOYUNJIAZHISHU(BDI)SHOUBAO1090DIAN,JIAOSHANGYUEMOXIADIE438DIAN,DIEFU28.66%。12YUE20RI,SHANGHAIHANGYUNJIAOYISUOFABUDEZHONGGUOYANHAI(SANHUO)ZONGHEYUNJIAZHISHUBAOSHOU1235.32DIAN,JIAOSHANGQISHANGZHANG2.9%。12YUE20RI,SHANGHAIHANGYUNJIAOYISUOFABUDEMEITANHUOZHONGYUNJIAZHISHUBAOSHOU1256.63DIAN,JIAOSHANGZHOUSHANGZHANG3.5%。12YUE20RI,YANHAIJINSHUKUANGSHIHUOZHONGYUNJIAZHISHUBAOSHOU1148.51DIAN,JIAOSHANGZHOUSHANGZHANG1.6%。YUJIXIAYUEBDIZHISHUZHENGTIJIANGZHENDANGXIUFU。
2、下月建筑钢材成本预期
ZONGSHANGSUOSHU,1YUEFENYUANCAILIAOJIAGEHUOJIANGPANZHENGYUNXING:TIEKUANGSHIXUQIUHUILUO,JIAGESHANGXINGKONGJIANYOUXIAN;JIAOTANSANLUNTIZHANGLUOSHI,JIAGEJIANGGAOWEIPANZHENG;FEIGANGDONGCHUXUQIUSHANGSHENG,JIAGEHUOZHIDIEFANDAN。ZONGTILAIKAN,YUJIXIAYUEJIANZHUGANGCAISHENGCHANCHENGBENNANYIXIAYI,TEBIESHIDIANLUGANG,BUFENDIQUGANGCHANGYINGLIKONGJIANBUFUCUNZAI。
五、宏观信息篇
1、 工信部部署2020年七大任务:确保工业经济运行在合理区间
北京33选7 QUANGUOGONGYEHEXINXIHUAGONGZUOHUIYI23RIZAIBEIJINGZHAOKAI。HUIYIBUSHU2020NIANQUANXITONGQIXIANGZHONGDIANRENWU,TICHUQUEBAOGONGYEJINGJIYUNXINGZAIHELIQUJIAN。HUIYIZHICHU,2019NIAN,QUANXITONGJIAOHAODIWANCHENGQUANNIANMUBIAORENWU。YUJIQUANNIAN,QUANGUOGUIMOYISHANGGONGYEZENGJIAZHIZENGZHANG5.6%ZUOYOU,RUANJIANHEXINXIJISHUFUWUYESHOURUZENGZHANG15%,DIANXINYEWUZONGLIANG(SHANGNIANBUBIANJIA)ZENGZHANG20%,HULIANWANGXINGYESHOURUZENGZHANG20%。
2、2020年交通运输将完成铁路投资8000亿元 公路水路投资1.8万亿元
北京33选7 12YUE26RIZHAOKAIDE2020QUANGUOJIAOTONGYUNSHUGONGZUOHUISHANGCHUANCHUDEXIAOXICHENG,MINGNIANJIAOTONGYUNSHUJIANGWANCHENGTIELUTOUZI8000YIYUAN,GONGLUSHUILUTOUZI1.8WANYIYUAN,MINHANGTOUZI900YIYUAN。ZAI2019NIANSHIXIANJUBEITIAOJIANDEXIANGZHENHEJIANZHICUNTONGYINGHUALUJICHUSHANG,2020NIANSHIXIANJUBEITIAOJIANDEXIANGZHENHEJIANZHICUNTONGKECHE。JIZHUANGXIANGTIESHUILIANYUNLIANGZENGZHANG12%YISHANG。XIANGZHENKUAIDIWANGDIANFUGAILVDADAO98%。QUANMIANWANCHENG“SHISANWU”GUIHUAGEXIANGMUBIAORENWU。