上海方管价格持续起伏震荡。目前消息面没有重大利好利空传出，期货市场在反复震荡中寻找方向，市场价格进入窄幅震荡期。本周钢厂到货较上周相比没有太大变动，上海热轧卷板价格3740 元左右，方管厂家手中库存积压较多，据我网统计，本周上海热轧卷板社会库存28.58万吨，周环比涨0.5%。从接单情况看，据我网统计，本地热轧卷板日接 单受下游需求及期货震荡的影响下，本周接单量较上周明显下降，后市到货压力或有增加。据了解，当前价格仍然起伏震荡，方管厂家心态上反映方管在上海本地积压 较多，后期旺季旺销事态发展不乐观。在此情况下，预计下周上海热轧卷板价格以下跌可能性较大，价格参考幅度在50元上下。

Shanghai square tube prices continue to fluctuate and oscillate. At present, there is no news of major positive and negative outcomes. Futures markets are looking for direction in repeated shocks, and market prices are entering a period of narrow shocks. The arrival of steel mills this week has not changed much compared with last week. The price of hot rolled coils in Shanghai is about 3740 yuan, and the stock of square tube manufacturers is overstocked. According to our statistics, the social stock of hot rolled coils in Shanghai this week is 285,800 tons, with a 0.5% increase in the circumference ratio. According to our statistics, the daily orders of local hot rolled coil sheets are affected by downstream demand and futures shocks. This week's orders volume is significantly lower than last week's, and the pressure of future arrivals may increase. It is understood that the current prices are still fluctuating and volatile. The mentality of Square management manufacturers reflects that Square management has a large backlog in Shanghai, and the late peak season sales situation is not optimistic. In this case, it is expected that the price of hot rolled coil in Shanghai will fall below 50 yuan next week. 方管价格方面，截至8月16日，上海5.5mm热轧卷板平均价格为3740元(吨价，下同)，较上周同期上涨50元，较上月同期下降150元。

As for square tube prices, as of August 16, the average price of 5.5mm hot rolled coils in Shanghai was 3740 yuan (ton price, the same below), up 50 yuan from the same period last week and down 150 yuan from the same period last month.