1、 Raw material report:

1. Nickel: on September 6, the latest price of nickel in London was $19573, down $216, or 1.09%. The latest price of Shanghai nickel was 145860 yuan, down 400 yuan, or 0.27%.   Inner Mongolia ferrochrome fecr55c800 (50 basis) is 10100 yuan / ton, and Shanghai ferromolybdenum femo60 is 165000 yuan / ton.

2. Stainless steel continuous: the latest price was 19405 yuan, up 1105 yuan, or 6.04%. The position is 53132 and the trading volume is 188005.

3. Price of Dainan waste stainless steel

201 Ni≈1-1.5%5750-5950，304 Ni≥8％； Primary material 12500-12700304 Ni ≈ 7.6-8%; Return material 11900-12000;

316 return material 16900-17100, Ni ≥ 10%; Grade I material 17300-17400316l Ni ≥ 10% Mo ≈ 2% 17500-17700;

310S Ni=18-19% 21700-21900，430 Cr≈16%-18%； Mn ≈ 1% - 2% 4750-4900431 return material 3150-3250.

2、 Wuxi stainless steel coil reference price

1. TISCO hot rolling guide price:

300 hot rolling series: 19700 yuan / ton of 304 / No.1; 22700 yuan / ton of 321 / No.1; 28000 yuan / ton of 316L / No.1.

Medium plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 21300 yuan / ton; 304L material 21400 yuan / ton, 321 material 24700 yuan / ton, 316L material 30200 yuan / ton.

2. Dongte hot rolling guide price: 19000 yuan / ton for s30408 material 4-12mm, 19200 yuan / ton for 14mm and 19700 yuan / ton for 16mm; S31603 material: 27100 yuan / ton for 4-12mm, 27500 yuan / ton for 14mm and 28000 yuan / ton for 16mm; 309S hot-rolled white coil is 26500 yuan / ton, 310S hot-rolled white coil is 37800 yuan / ton, and 2205 hot-rolled white coil is 27000 yuan / ton.

3. Qingshan hot rolling: 304 material 19000 yuan / ton; 316L hot rolling 27100 yuan / ton

4. Zhangpu guide price: 19400 yuan / ton for 304 materials; 321 hot rolling 21900 yuan / ton; 316L hot rolling 27300 yuan / ton.

3、 Reference price of stainless steel pipe rod

1. [Qingshan round steel ￠ 65-130 up 300] 17300 yuan / ton of s30400 material; 25100 yuan / ton for 316L material; 321 material: 18800 yuan / ton; The price of f321 material is 20000 yuan / ton.

2. [Delong round steel ￠ 65-130] 302 material 16700 yuan / ton; 304 material 16900 yuan / ton, 316L material 24700 yuan / ton.

2. [Fukai bar] starting from 30 tons: 24600 yuan / ton for s22053 material ￠ 65-130, 25000 yuan / ton for TP316L material ￠ 150-250, 17600 yuan / ton for TP304 material ￠ 150-250, 62000 yuan / ton for 904L material ￠ 65-130, 32000 yuan / ton for tp317l material ￠ 65-130, 31000 yuan / ton for S32750 material ￠ 65-130 and 37500 yuan / ton for 2520 material ￠ 65-130.

3. [Yongxing bar ￠ 65-130] 304 material 20200 yuan / ton; TP321 material: 23100 yuan / ton; 316 material 29500 yuan / ton; 316L material: 32500 yuan / ton; S22053 material 28500 yuan / ton.

4. [Huaxin Lihua bar ￠ 65-130] 304 material 19800 yuan / ton; 316ls material 27500 yuan / ton; 32107 material 22000 yuan / ton;

5. [Zhejiang Benji heat exchange tube] 25 * 2 * 6000 cold drawn specification - 30408 material, 29.6 yuan / kg; S31603 material: 39.1 yuan / kg;

6. [Zhejiang Benji welded pipe] 219-813 * 4-6 pickling specification - 30408 material 25.7 yuan / kg; S31603 material: 36.2 yuan / kg; 32168 material: 30.1 yuan / kg

4、 Inventory statistics of stainless steel mainstream markets (Foshan, Wuxi, Jieyang, Zibo, Shenyang and Xian):

According to the statistics of Mysteel stainless steel, on August 26, the inventory of stainless steel in the national mainstream market was 716700 tons, a decrease of 7600 tons or 1.05% compared with last week.

1. Wuxi market 429000 tons, a decrease of 10100 tons, a decrease of 2.29%;

2. Foshan market 207300 tons, an increase of 3300 tons, an increase of 1.62%;

3. The national mainstream market was 191700 tons, an increase of 5200 tons, an increase of 2.78%;

4. The mainstream market in China was 403800 tons, a decrease of 12000 tons or 2.88%;

5. The 400 mainstream markets in China were 121200 tons, a decrease of 7800 tons or 1.0%;

5、 Market analysis

The most discussed in the market is the production restriction of stainless steel enterprises. First, the production restriction of six local stainless steel plants in Guangxi is expected to decline by 4.05% in September.

Then there was the rumor of 30% production restriction of a large enterprise in East China, and then the accession of a large enterprise in South China, which triggered a heated discussion in the stainless steel market and contributed greatly to the recovery of stainless steel prices.

It is understood that the total production restriction in East China + South China is about 60000 tons / month, involving 300 series and 200 series. In the later stage, the uncertainty of new enterprises production restriction may lead to a significant rise in prices. For nickel, if deduced from the information side, the balance sheet of nickel supply and demand begins to have an inflection point, which is a negative contribution to the price rise. However, from the results, the rise of stainless steel price drives the rise of nickel price, and the phenomenon of industrial chain linkage reappears.