本周天津方管市場價格趨弱運行，成交清淡。本周周初價格呈拉漲趨勢，黑色系期貨全線飄紅，究其根本是因為唐山地區限產及中美貿易戰暫時和解的原因，眾方管廠家及下游用戶看漲心態大增，出貨有明 顯好轉的現象，但隨著唐山發文公布7月份部分企業可不限產時間段，限產力度不及預期，及中美貿易談判分歧依然很大，并未達成貿易和解等消息傳出，對方管廠家看 漲心態造成打擊，價格直線回落，若支撐價格因素出現變數，對整體市場信心則有所打壓，截止目前，炒作氛圍逐漸變得清淡，期貨呈現低位運行，市場信心轉為消 極，給價格營造了下跌空間，總體來看，7月市場雖有震蕩趨強跡象，但回落下跌依舊存在，故預計未來一周本地方管市場或繼續回落可能性較大。

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.

方管價格方面，重點城市天津1.0*1250*C唐鋼4150元(噸位，下 同)，首鋼4180元，包鋼4200元，天鐵4170元，1.0*1000*2000鞍鋼4430元，冷卷較上周同期平均上調60-80元左右，盒板上調 70元，本周庫存9萬余噸，較上周小幅下降。

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.