Cement and rebar divergence, weak reality vs strong expectations?
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Cement and rebar prices continue to diverge. Firstly, rebar has a stronger financial attribute and is more influenced by market sentiment. Secondly, cement has weak inventory capacity and faces greater pressure from insufficient demand and high inventory levels. (Caitong Securities)
Cement and rebar prices continue to diverge. First, rebar has a stronger financial attribute and is more affected by market sentiment. Second, cement has weak inventory capacity and faces greater pressure from insufficient demand and high inventory levels. (Caitong Securities)
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