Tube prices in Chinese market may go down on coming off-season
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Update time : 2020-06-23 16:15:42
This year, under the influence of COVID-19, the peak season has been delayed for almost a month in the Chinese market. Due to such factors, from April to June, tube prices in China showed a fluctuating uptrend.
However, as soon as summer came, with hot and rainy weather, the demand release of the mentioned period shall also stop, and later it would be quite possible that the tube price might start to go downstairs.
Meanwhile, since now the cost of tube production remained stable, there should not be so much space for a sharp price drop.