In the context of the country's continuous improvement of the supply side structural capacity reform, the supply and demand pattern of the TP316L stainless steel pipe industry has been effectively optimized, especially since the "strip steel" has been banned in an all-round way, and the decline trend of the domestic stainless steel export volume is more obvious. In March 2018, domestic stainless steel exports continued to rise, but still kept low.

　　TP316L stainless steel tube market may have such a question: after all, in March, the domestic TP316L stainless steel tube market prices had a significant decline in the price of domestic stainless steel export quotations in the main export regions of Southeast Asia market prices already have a certain advantage, but in March domestic stainless steel export volume and No more increments are presented.

　　The repair growth trend of stainless steel exports will continue. In April, the export of stainless steel material will no longer decrease or even remain unchanged. There are two factors in it.

　　First, in the 1 quarter of 2018, the output of the domestic TP316L stainless steel tube fell significantly, the export demand was not strong, and the export prices had no advantages, and the export reduction was in line with the expectation.

　　Second, export volume remained relatively high in the 1 quarter of last year, but export price advantage is no longer this year, so the sharp decrease in export volume is in line with expectations.

　　At present, the TP316L stainless steel tube market is generally concerned about high storage pressure. If combined with export reflux data, the pressure and supply pressure of TP316L stainless steel pipe market is limited. If we consider the influence of the dislocation in the Spring Festival season, we can make a great deal of concern about the current stock pressure of TP316L stainless steel pipe market.

　　So how do we view the future TP316L stainless steel tube Market?

　　Stainless steel spot supermarket analysis shows that the short-term is not pessimistic, but the medium and long term is not optimistic. In fact, the contradiction between the TP316L stainless steel tube Market and the market is still focused on the relationship between supply and demand and macro uncertainty. On the macro level, the pressure of the slowdown in domestic economic growth and the uncertainty of Sino US trade war will naturally test the domestic TP316L stainless steel pipe industry. From the loss to the large profit, the future profit contraction should be a large probability event, so the heart of risk prevention must be long deposited.

　　In the short term, the high stock, high yield and high profit of TP316L stainless steel pipe still constitute a certain pressure on the late market, but the short-term risk has been effectively released after a big return on the price in March. As far as stock is concerned, although the current TP316L stainless steel pipe plant and the total stock of the society are obviously higher than the same period last year, it is not to be ignored that the production supply of medium frequency furnace in 2017 is basically clear in 2018, and the rising of the mainstream sample stock is also logical.

　　The next seasonal peak demand is still expected, the monitored TP316L stainless steel pipe volume has been testified, so there is no need to worry too much. On the contrary, the TP316L stainless steel tube production continued to rise in the same period last year, and this year's growth or weakness in the short term; I think the TP316L stainless steel tube inventory reduction in the future will be over the past. In the same period, inventory pressure was effectively relieved. After the superposition of April, the reflux pressure of the stainless steel export is relieved, so the market supply and demand in the short term are relatively good, the market price of TP316L stainless steel tube or the demand for a phased rebound.

　　Of course, because of the long-term macro and weak demand in the medium and long term, the market price of TP316L stainless steel tube is rising sharply, and even the new high is facing greater pressure. It is a good choice to enjoy the fundamentals in a short period of time without losing the prospect of risk.

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