Uncategorized

Reasons for excessive growth of iron prices in the stock market

Article code: He coughs 47

Source: World newspaper

Subject: steel price

During the last 2 weeks, despite the slow process of iron transactions in the informal market, the price of iron smelting products in the commodity exchange faced a significant growth, so that in the first days, the informal market was also affected by this growth and the prices grew; But since there was no credible reason behind this price growth, in the following days, the informal market acted more cautiously and prevented from being unnecessarily affected by the growth of commodity prices.

But the transactions on Sunday during the current week in the commodity exchange show that this practice still exists in the stock market and some buyers by putting a lot of pressure on the market, cause the prices to continue to rise. In the meantime, some market participants consider the limited supplies from Zob Ahan as the main reason for the price growth and claim that while they bought the products from the stock market in competition, the same products are currently available in the market at lower prices. According to these people, dropper supply in the market is one of the main factors of price growth in the market and caused them to suffer losses due to this price difference in the stock market and the informal market. Haste in buying raised the price, but on the other hand, according to market experts, it is the buyers themselves who raise the price without considering the market situation and too much haste in buying. One of the market experts said in a conversation with our reporter about these protests: Whenever prices take a downward trend in the market; Unfortunately, the buyers who bought from the expensive stock market are protesting and looking for the culprit. While with a logical analysis, they can easily prevent their losses. In addition, it cannot be expected that all the products of one month of iron smelting will be offered in one day; Because in this situation, the market falls into the hands of a few people, which brings many risks. According to this market expert, in a situation where stock market offers are done sporadically in a month, hurrying to buy goods on a certain day causes damage not only to the market but also to the buyer himself. Necessity of expansion of counseling in the market Another market operator, referring to the vacuum of consulting services in the market, believes that at present the brokers either do not have the possibility to give advice to the buyers or that even if they have the necessary information, the buyers do not use these services and are generally not present. They are not interested in investing in research and expertise. In his opinion, apart from the fact that the lack of supply of private sector manufacturers’ products in the stock market during these years has caused the supply and demand process in the stock market to be unbalanced, the buyers in the stock market buy more based on the analysis and work of experts than on analysis. They buy goods as others do. At the same time, one of the buyers named the presentation and publication of the monthly supply schedule of iron smelting products in the stock exchange as one of the ways of public information in the market and buyers’ awareness of the supply process and said: It is in this way that the market can avoid misleading and putting a lot of pressure on the market. At the same time, he predicted that due to the trend of decreasing prices in the market, the prices of products in the stock market will fall and the prices will not rise.

Leave a Reply

Your email address will not be published. Required fields are marked *