1、 Raw material report:

1. Nickel: on November 16, the latest price of nickel in London was US $19608.5, down US $370, or 1.85%. The latest price of Shanghai nickel was 143330 yuan, down 3260 yuan, or 2.22%.   Domestic high carbon ferrochrome fecr55c1000 (50 basis) in Jiangsu, Zhejiang and Shanghai is 10300 yuan / ton.

2. Stainless steel continuous: the latest price is 17445 yuan, up 210 yuan, or 1.22%. The position is 54831 hands and the trading volume is 60465 hands.

3. Price of waste stainless steel in Jiangsu, Zhejiang and Shanghai

304 grade I new material 13200-13400316 raw material 18000-18200316 clinker 18200-18400;

309 charge 2014 10500-10700310 charge 2520 25800-26000330 charge 3515 39900-40100

2、 Wuxi stainless steel coil reference price

1. TISCO hot rolling guide price:

300 hot rolling series: 304 material 1800 burr 20700 yuan / ton, 304 / No.1 19500 yuan / ton; 321 / No.1 22800 yuan / ton; 316L / No.1 28400 yuan / ton.

Medium plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 21200 yuan / ton, 321 material 25300 yuan / ton, 316L material 30400 yuan / ton.

2. Dongte hot rolling guide price: 19100 yuan / ton for s30403 material 4-12mm, 19300 yuan / ton for 14mm, 19800 yuan / ton for 16mm; 28400 yuan / ton for s31603 material 4-12mm, 28800 yuan / ton for 14mm, 29300 yuan / ton for 16mm; 29000 yuan / ton for 2205 hot rolled white coil.

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

4. Zhangpu guide price: 19900 yuan / ton for 304 material; 23000 yuan / ton for 321 hot rolling; 28800 yuan / ton for 316L hot rolling.

3、 Reference price of stainless steel pipe rod

1. [Qingshan round steel ￠ 65-130] price: 17700 yuan / ton for s30400 material, 25500 yuan / ton for 316L material, 20100 yuan / ton for TP321 material and 18900 yuan / ton for 321 material.

2. [Delong round steel ￠ 65-130] price: 17500 yuan / ton for s30400 material and 25300 yuan / ton for 316L material.

2. [Yongxing bar ￠ 65-130 tube blank] 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. [from 30 tons of Anhui Fukai] 19400 yuan / ton for TP304 material ￠ 150-250 (inquiry), 26400 yuan / ton for TP316L material ￠ 150-250, tp317 (inquiry), 26400 yuan / ton for ls2205 material ￠ 65-130, 65000 yuan / ton for 904L material ￠ 65-130 (inquiry), 34000 yuan / ton for S32750 material ￠ 65-130 (inquiry), 39000 yuan / ton for 310S material (inquiry).

4. [Huaxin Lihua ￠ 65-130] s30400 material: 21800 yuan / ton, 316ls material: 30100 yuan / ton, 32107 material: 24000 yuan / ton.

2. [Zhejiang Benji heat exchange tube] 25 * 2 * 6000 cold drawn specification - 30408 material 30.1 yuan / kg; s31603 material 39.5 yuan / kg;

4. [Zhejiang Benji welded pipe] 219-813 * 4-6 pickling specification - 30408 material 25.5 yuan / kg; s31603 material 36.8 yuan / kg; 32168 material 31.4 yuan / kg

4、 Inventory statistics of stainless steel market on November 11

According to Mysteel statistics, the total inventory in the national mainstream market was 629200 tons, a decrease of 0800 tons or 0.13% compared with last week.

1. Wuxi market 415900 tons, an increase of 12800 tons, an increase of 3.18%;

2. Foshan market 142900 tons, down 13500 tons, down 8.63%;

3. The total inventory of 200 Series in the national mainstream market was 112200 tons, a decrease of 8300 tons or 6.92%;

4. The national mainstream market 300 is 404700 tons this week, an increase of 3300 tons, an increase of 0.89%;

5. Chinas mainstream market 400 is 112200 tons this week, an increase of 4200 tons, an increase of 3.89%;

5、 Market analysis

Recently, due to the continuous decline of stainless steel price, the immediate profit of stainless steel plant is meager, and the price of ferronickel at the raw material end is significantly reduced. However, at present, the supply of ferronickel is tight, and ferronickel plant is not willing to ship at low price.

With the easing of power and production restriction, there are obvious signs of resumption of stainless steel production driven by profits, which has boosted the demand for nickel. However, investors are also worried, because the inventory of stainless steel has not been rapidly removed under the significant production restriction in September and October, which means that there are signs of weak supply and demand for stainless steel in the previous two months. If there is a rapid resumption of stainless steel production, can the supply increase and the downstream demand be effectively borne Then it was a test, so the price of stainless steel once showed signs of weakness, driving the price of nickel down.

From the perspective of the linkage between nickel and stainless steel, nickel is not willing to take the initiative to go down, and nickel follows the decline when stainless steel weakens, but nickel is more willing to go up when stainless steel stabilizes. Today, the heads of state of China and the United States will hold a video conference. From the perspective of time arrangement, it is obvious that the United States wants China this time. Under such great pressure from the United States, it can not be ruled out that the United States will make a greater contribution If this is the case, the macro wind direction will be better. In addition, energy prices will no longer be the main factor affecting market sentiment, which may be interpreted by the market as beneficial in the short term.