Seeing from the trading market of bearing steel for the conveyor roller bearing, sales status of the steel trading companies are generally bad, the shipments are bad. But the merchants are willing to reduce the price and undersell the conveyor roller bearings when the sales status are bad. This is because the steel mills enhance the price of the conveyor roller bearing, so the purchasing cost for the merchants rises. And the purchasing cost remains on a high level which restrains the price from falling in a great extent.

For more, the merchants have an expectation on the improvement of the bearing steel market on the second quarter. So they do not hurry to sell the conveyor roller bearing in a low price. Many merchants remain stable mentality to the fluctuation of the conveyor roller bearing’s price, now it is hard to see that the merchants undersell lots of their products in a low price when the market is bad.

In an interview, the boss of a steel mill said that they had thousands of tons of good bearing steel in their factory. They would hurry to sell the products when the market is good, but they did not worry and hurry to undersell their products when the market was bad, because they believed that the market would improve sooner or later, anyhow they did not borrow money from the bank, and they did not have the pressure of returning the interests. They would not do the business at a loss.

In the analysis to the market of conveyor roller bearing, the operators think that there are still many good factors on the bearing steel market on the second quarter, and the price is expected to rise, it is generally impossible for the price to fall heavily.

Sincerely,

Written by Flavio.Xie, China,
Shandong XinKaite Bearing Co. Ltd.,

My Email:03@xinkaite.com