方管市場價格小幅下跌。本周即將進入8月底，此時面對基本面上的眾多不穩定消息，方管市場多空博弈，價格震蕩下行，反觀中板市場，亦不例外。今日中板市場在期貨走弱的影響下，表現 差強人意，隨著淡季需求的轉變，疊加市場看空情緒較濃，上下游流通環節基本以積極出貨的操作為主，但這并未使得成交有所好轉。而方管鋼企的停限產、檢修 及減產理論上講對市場存有支撐拉漲動力，然而在當前空頭占優的局勢下，價格上漲困難，下跌空間依存。目前天津樂從南北價差有所擴大，較上周擴大40元左 右，資源流通環節相對尚可，不過，據市場了解，雖部分資源運輸到南方仍有利潤，但市場需求低迷，對成交略有阻礙。今日午后部分城市甚至有二次下調操作，且月底結算臨近，加上近期中板庫存雖下降，但相對仍居高位，故短期內市場心態仍顯悲觀，價格下行風險仍存。后市若需求加快恢復，秋冬限產力度加大，成本端繼 續高位上行支撐，同時有重大消息刺激，或有小概率反彈可能。

The market price has fallen slightly. This week is approaching the end of August, when faced with a lot of unstable news on the fundamentals, the party manages the market multi-empty game, price fluctuations downward, and the mid-plate market is no exception. Today, under the influence of weakening futures, the performance of the mid-plate market is unsatisfactory. With the change of off-season demand, the overlapping market bearish sentiment is strong. The upstream and downstream circulation links are basically dominated by active shipment, but this has not made the turnover better. However, in the current situation of short-term dominance, price rise is difficult and the space for decline is dependent. At present, the price gap between the north and the south of Tianjin Le has been widened, about 40 yuan more than last week, and the link of resource circulation is relatively acceptable. However, according to market understanding, although some resources are still profitable to be transported to the south, the market demand is sluggish, which hinders the transaction slightly. Today afternoon, some cities even have two downward operations, and the end of the month settlement is approaching, coupled with the recent decline in mid-plate inventory, but still relatively high, so the short-term market mentality is still pessimistic, price downward risk still exists. If the demand of the future market recovers faster, the production limit in autumn and winter will increase, and the cost side will continue to support high-level upstream. Meanwhile, there will be significant news stimulus, or there may be a small probability of rebound. 方管價格方面，截至8月26日，國內重點城市16-25mm普板主流價格保持在3811元(噸價，下同)，均價較上個交易日下跌23元，較上周同期跌46元，較上月同期跌149元。

As for square price, as of August 26, the mainstream price of 16-25mm board in key cities in China remained at 3811 yuan (ton price, the same below). The average price was 23 yuan lower than the previous trading day, 46 yuan lower than the same period last week and 149 yuan lower than the same period last month.