光大期货：螺纹供需双弱，期价低位整理

Group 1 - The core viewpoint of the articles indicates a decline in rebar production and inventory levels, reflecting a weak supply and demand situation in the market [1][2] Group 2 - National rebar production decreased by 108,900 tons week-on-week to 2,075,700 tons, and year-on-year it fell by 248,400 tons [1] - Social inventory of rebar dropped by 104,300 tons week-on-week to 3,751,900 tons, and year-on-year it decreased by 1,955,700 tons [1] - Factory inventory of rebar fell by 19,700 tons week-on-week to 1,828,900 tons, with a year-on-year reduction of 272,500 tons [1] - The demand for rebar also declined, with weekly average sales volume of construction materials at 102,300 tons, down 3.64% week-on-week [2] - In Hangzhou, the average daily outflow of rebar was 29,800 tons, a significant week-on-week decrease of 26.32%, while inventory slightly increased to 657,000 tons [2] - The market is currently experiencing a dual weakness in supply and demand, with some specifications still facing shortages and price premiums [2]