方管价格窄幅调整，今日唐山小窄带价格开盘持稳，但成交不畅，盘中下调20，降后成交依然一般，由于期货的持红震荡，对下游信心有所提振，午 盘厂家出货皆有好转，部分厂家出清日产；唐山355方管主流较昨降10，中宽带较昨持稳，窄带主要受小窄带下跌影响，成交不畅，加之下游需求没有进一步释 放，因此今日厂家多选择稳中下调10元，中宽带前期出货一直较好，因此价格有所支撑。日前央行宣布降准，市场消息面有利好支撑，期货盘面坚挺，但下游前期 补库较充足，方管厂家拿货积极性有限，因此今日价格多窄幅调整。华东地区，库存一直处于低位盘整运行的态势，总体表现供需平衡。由于下游采购平平，尽管期货今 日大幅拉升，方管厂家报价仍旧稳定。华南地区，方管厂家心态方面，在宏观消息提振下，本已小幅松动的市场价格再次出现小幅上涨，考虑到相关联品种涨幅较小，库存 仍有压力，方管厂家表示目前操作还是以出货为主，并无盲目追高情绪。综合来看，明日国内方管或将窄幅震荡运行为主。

With the narrow price adjustment, today's small narrow band price in Tangshan is stable, but the transaction is not smooth, with a 20-year cut in mid-day trading. After the decline, the transaction is still normal. Due to the red shock of futures, confidence in the downstream has been boosted, shipments of manufacturers have improved, and some manufacturers have liquidated their daily production; the mainstream of 355 square tubes in Tangshan has dropped 10% compared with yesterday, and broadband broadband is comparable. Yesterday was stable. Narrow band was mainly affected by small narrow band decline. Trading was not smooth. In addition, downstream demand was not further released. Therefore, today's manufacturers mostly choose to reduce the price by 10 yuan. Mid-broadband early shipment has been better, so the price has been supported. A few days ago, the central bank announced a reduction. The market news is well supported and the futures market is firm. However, the downstream early replenishment is sufficient, and the enthusiasm of the manufacturers to take goods is limited. Therefore, today's prices are narrowly adjusted. In East China, inventory has been in a low level of consolidation operation, showing a balance between supply and demand. As downstream purchases were flat, TRADERS'quotations remained stable despite the sharp rise in futures today. In South China, with the help of macro-news, the market price which has been slightly loosened has risen slightly again. Considering the relatively small increase of related varieties and the pressure of inventory, the managers say that the current operation is still dominated by shipments and there is no blindly pursuing high sentiment. Generally speaking, the operation of narrow-amplitude oscillation will be dominant in China tomorrow. 方管价格方面：唐山热轧方管(2.5*355mm)唐山瑞丰3690较昨降10；天津热轧方管4.0* (480-570)天津荣钢送到大邱庄价3765较昨日稳；无锡热轧方管（2.5*355mm）中天3840较昨日稳，莱芜热轧方管2.5* （232-355）莱钢3780较昨日稳，唐山热轧小窄带报3690较昨降20。（

The square pipe price: Tangshan hot-rolled square pipe (2.5 * 355mm) Tangshan Ruifeng 3690 was 10% lower than yesterday; Tianjin hot-rolled square pipe 4.0 * (480-570) Tianjin Ronggang delivered to Daqiu Zhuang price 3765 was more stable than yesterday; Wuxi hot-rolled square pipe (2.5 * 355mm) in Tiantian 3840 was more stable than yesterday, Laiwu hot-rolled square pipe 2.5 * (232-355) in Laiwu was more stable than yesterday, and Tangshan hot-rolled square pipe 3780 was smaller and narrower than yesterday. The reported 3690 is 20% lower than that of yesterday.