Group 1: Report Industry Investment Rating - There is no information about the report industry investment rating in the provided content. Group 2: Core Viewpoints of the Report - The short - term view of rebar 2601 is weak and oscillating, the medium - term view is oscillating, and the intraday view is also weak and oscillating. It is recommended to pay attention to the pressure at the MA10 line. The core logic is that the supply - demand pattern is weak, and steel prices are under pressure [1]. - The supply and demand of rebar have both weakened. Supply has continuously shrunk to a relatively low level, but inventory is high, and the motivation for production reduction during the peak season is weak, so the positive effect is limited. Demand is weak due to holiday factors, and the downstream has not improved. The peak - season performance needs to be tracked. In the situation of weak supply and demand, industrial contradictions in the rebar industry have accumulated, and the pressure of inventory reduction is large. Steel prices are under pressure, and the cost support is a positive factor. With the game between long and short factors, steel prices are expected to oscillate to find the bottom, and attention should be paid to the demand situation [2]. Group 3: Summary According to the Catalog Varieties Viewpoint Reference - For rebar 2601, in the short - term (within one week), it is expected to be weak and oscillating; in the medium - term (two weeks to one month), it is expected to be oscillating; and intraday, it is also expected to be weak and oscillating. The reference view is to pay attention to the pressure at the MA10 line, and the core logic is the weak supply - demand pattern putting pressure on steel prices [1]. Market Driving Logic - The supply and demand of rebar have both weakened. Supply has shrunk to a low level, but high inventory and weak production - reduction motivation in the peak season limit the positive effect. Demand is weak due to holidays, the downstream has not improved, and the peak - season performance needs to be tracked. In the situation of weak supply and demand, industrial contradictions have accumulated, and the pressure of inventory reduction is large. Steel prices are under pressure, and cost support is a positive factor. With the game between long and short factors, steel prices are expected to oscillate to find the bottom, and attention should be paid to the demand [2].
宝城期货螺纹钢早报（2025年10月14日）-20251014
Bao Cheng Qi Huo·2025-10-14 01:41