Personally, I think 1 Due to the recent loose monetary policy implemented by the state, some funds entered the futures market to speculate on high-grade stainless steel materials and buy and hoard them speculatively; 2. Expectation of RMB appreciation, the influx of foreign hot money leads to flooding; 3. The national investment of 4 trillion yuan has boosted the demand for stainless steel; 4. Due to the early oversold rebound of stainless steel materials.