1、 Raw material report:

1. Nickel: on October 9, the latest price of nickel in London was $19171, up $907, or 4.97%. The latest price of Shanghai nickel was 144780 yuan, up 2480 yuan, or 1.74%.   Shanghai ferrochrome fecr55c1000 (50 basis) 11000 yuan / ton.

2. Stainless steel continuous: the latest price is 20500 yuan, up 45 yuan or 0.22%. The position is 43711 hands and the trading volume is 40987 hands.

3. Price of Dainan waste stainless steel

201 Ni ≈ 1-1.5% 5950-6150304 Ni ≥ 8%; primary material 12700-12900304 Ni ≈ 7.6-8%; return material 12100-12200;

316 return material 17100-17300, Ni ≥ 10%; primary material 17500-17600316l, Ni ≥ 10% Mo ≈ 2% 17700-17900;

310S Ni = 18-19% 21900-22100430 Cr ≈ 16% - 18%; Mn ≈ 1% - 2% 4950-5100431 return material 2900-3000.

2、 Wuxi stainless steel coil reference price

1. TISCO hot rolling guide price:

300 hot rolling series: 304 material 1800 burr 21400 yuan / ton, 304 / No.1 20700 yuan / ton; 321 / No.1 23600 yuan / ton; 316L / No.1 29200 yuan / ton.

Medium plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 22200 yuan / ton, 321 material 25600 yuan / ton, 316L material 31100 yuan / ton.

2. Dongte hot rolling guide price: 20500 yuan / ton for s30403 material 4-12mm, 20700 yuan / ton for 14mm, 21200 yuan / ton for 16mm; 29200 yuan / ton for s31603 material 4-12mm, 29600 yuan / ton for 14mm, 30100 yuan / ton for 16mm; 29000 yuan / ton for 2205 hot rolled white coil.

3. Qingshan hot rolling: 304 material 20200 yuan / ton;

4. Zhangpu guide price: 21000 yuan / ton for 304 material; 23500 yuan / ton for 321 hot rolling; 29100 yuan / ton for 316L hot rolling.

3、 Reference price of stainless steel pipe rod

1. [Qingshan round steel ￠ 65-130] price: 18700 yuan / ton for s30400 material, 26500 yuan / ton for 316L material, 22000 yuan / ton for TP321 material and 20800 yuan / ton for 321 material.

2. [Delong round steel ￠ 65-130] price: 18500 yuan / ton for s30400 material and 26300 yuan / ton for 316L material.

2. [Yongxing bar ￠ 65-130] 304 material 21000 yuan / ton, TP321 material 23900 yuan / ton, 316L material 30500 yuan / ton, 316gb material 33700 yuan / ton, s2205 material 29300 yuan / ton.

3. [Anhui Fukai ￠ 65-130] s2205 material 26500 yuan / ton, 904L material 65000 yuan / ton, S32750 material 32000 yuan / ton, 310S material 39000 yuan / ton.

4. [Huaxin Lihua ￠ 65-130] s30400 material is 20000 yuan / ton, 316ls material is 27700 yuan / ton, and 32107 material is 22200 yuan / ton.

2. [Zhejiang Benji heat exchange tube] 25 * 2 * 6000 cold drawn specification - 30408 material 31.6 yuan / kg; s31603 material 41 yuan / kg;

4. [Zhejiang Benji welded pipe] 219-813 * 4-6 pickling specification - 30408 material 26.8 yuan / kg; s31603 material 37.1 yuan / kg; 32168 material 32.5 yuan / kg

4、 Stainless steel inventory statistics

According to Mysteel statistics, on September 30, the total inventory of stainless steel in the national mainstream market was 718800 tons, an increase of 0500 tons or 0.06% over last week.

1. Wuxi market was 451100 tons, an increase of 3700 tons, an increase of 0.83%;

2. Foshan market was 193300 tons, a decrease of 14400 tons, a decrease of 6.93%;

3. The total inventory of 200 Series in the national mainstream market was 171100 tons, a decrease of 13400 tons or 7.16%;

4. The national mainstream market 300 is 404700 tons this week, an increase of 6800 tons, an increase of 1.70%;

5. The 400 mainstream market in China is 140000 tons this week, an increase of 7100 tons, an increase of 5.34%;

5、 Market analysis

In March, Castle Peak announced that it would deliver pyrometallurgical high matte nickel to battery manufacturers in October, which is expected to open up the path from surplus to shortage of nickel, resulting in a sharp decline in nickel prices. However, from the follow-up development, the epidemic situation in Indonesia and the Philippines and the global shipping situation have led to high nickel ore prices, while the release of nickel pig iron capacity lags behind, and the international price of stainless steel rose in the first half of the year Production exceeded expectations, nickel pig iron production was insufficient, and the center of gravity of nickel price oscillated upward.

The output of stainless steel will decrease month on month in October and November under the influence of the production restriction policy, and the nickel price may be under slight pressure, while stainless steel has a certain upward momentum. In December, due to the pressure of provincial GDP, the production restriction policy may be gradually relaxed, and the trading logic of nickel will return completely. At that time, the nickel price may rise to the previous high.

During the national day, the spot price of stainless steel rose slightly, the downstream stock was moderately replenished, and the transaction atmosphere was acceptable. The supply of stainless steel spot market was still tight. In terms of stainless steel seamless pipes, the market inventory of some specifications of pipes had begun to shortage, and it was difficult to purchase appropriate products if the customers order was a little larger.

In recent years, the limited supply and demand of stainless steel have been weak, and the production restriction of stainless steel plants continues, but the downstream consumer market has also been affected, and the price is relatively high, and the consumption performance is weak. At present, the spot supply of 304 stainless steel is still not abundant, the futures warehouse receipts are also at a historical low, and the low inventory state improves the price elasticity. In the future, dual control of energy consumption and power restriction and production restriction may become impossible Stainless steel is an important factor in the supply side of stainless steel. Affected by the production restriction policy, the supply of stainless steel will continue to decline, and the limited impact on the demand side may only be a short-term phenomenon, but the downstream consumption largely depends on the change of price. The reduction of supply has brought strong support to the price of stainless steel, but the weak consumption has limited the excessive rise of price. Therefore, stainless steel is suitable for bargain hunting rather than chasing high.