本周天津方管市场价格趋弱运行，成交清淡。本周周初价格呈拉涨趋势，黑色系期货全线飘红，究其根本是因为唐山地区限产及中美贸易战暂时和解的原因，众方管厂家及下游用户看涨心态大增，出货有明 显好转的现象，但随着唐山发文公布7月份部分企业可不限产时间段，限产力度不及预期，及中美贸易谈判分歧依然很大，并未达成贸易和解等消息传出，对方管厂家看 涨心态造成打击，价格直线回落，若支撑价格因素出现变数，对整体市场信心则有所打压，截止目前，炒作氛围逐渐变得清淡，期货呈现低位运行，市场信心转为消 极，给价格营造了下跌空间，总体来看，7月市场虽有震荡趋强迹象，但回落下跌依旧存在，故预计未来一周本地方管市场或继续回落可能性较大。

This week, Tianjin Fangguan market prices weakened and business was light. At the beginning of this week, prices showed a rising trend, and black futures were red all over. The root cause was the temporary settlement of the trade war between China and the United States in Tangshan. The bullish mentality of the manufacturers in charge of the public and the downstream users increased greatly, and the shipment was obviously improved. However, with the announcement of Tangshan Post that some enterprises could not limit production time in July. There are still big differences in the Sino-US trade negotiations, and no trade settlement has been reached. The bullish mentality of the other party's regulators has hit the market and prices have fallen sharply. If there are variables supporting price factors, the confidence in the overall market will be depressed. So far, the atmosphere of speculation has gradually become light. Futures are running at a low level and market confidence turns negative, which creates a falling space for prices. Generally speaking, although there are signs of strong volatility in July, the decline still exists. Therefore, it is expected that the local market will be in charge of the market or continue to decline in the coming week.

方管价格方面，重点城市天津1.0*1250*C唐钢4150元(吨位，下 同)，首钢4180元，包钢4200元，天铁4170元，1.0*1000*2000鞍钢4430元，冷卷较上周同期平均上调60-80元左右，盒板上调 70元，本周库存9万余吨，较上周小幅下降。

As for square pipe price, the key cities Tianjin 1.0*1250*C Tangshan Steel 4150 yuan (tonnage, the same below), Shougang 4180 yuan, Baotou Steel 4200 yuan, Tiantie 4170 yuan, 1.0*1000*2000 Angang 4430 yuan, the average increase of cold coil over the same period last week is about 60-80 yuan, box board 70 yuan, this week's inventory of more than 90,000 tons, a slight decline compared with last week.