1、 Raw material report:

1. Nickel: on November 22, the latest price of nickel in London was US $20093, up US $49, or 0.24%. The latest price of Shanghai nickel was 148530 yuan, up 3830 yuan, or 2.65%.   Domestic high carbon ferrochrome fecr55c1000 (50 basis) in Jiangsu, Zhejiang and Shanghai is 9400 yuan / ton.

2. Stainless steel: the latest price was 17330 yuan, up 205 yuan, or 1.20%. The position was 562 hands and the trading volume was 107465 hands.

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

Imported 304 11800 12000304 first-class new materials from Jiangsu, Zhejiang and Shanghai 12600 12800 from Jiangsu, Zhejiang and Shanghai;

316 raw meal 17700 17900316 clinker 17900 18100 in Jiangsu, Zhejiang and Shanghai;

309 charge 2014 material 10500 10700310 charge 2520 material 24900 25100330 charge 3515 material 38500 38700

2、 Wuxi stainless steel coil reference price

1. TISCO hot rolling guide price:

300 hot rolling series: 304 material 1800, rough edge 20000 yuan / ton, 304 / No.1 18900 yuan / ton; 321 / No.1 22400 yuan / ton; 316L / No.1 27800 yuan / ton.

Middle plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 21000 yuan / ton, 321 material 25100 yuan / ton, 316L material 30200 yuan / ton.

2. Dongte hot rolling guide price: 18800 yuan / ton for s30403 material 4-12mm, 19000 yuan / ton for 14mm, 19700 yuan / ton for 16mm; 27700 yuan / ton for s31603 material 4-12mm, 28100 yuan / ton for 14mm, 28600 yuan / ton for 16mm; 28500 yuan / ton for 2205 hot rolled white coil.

3. Qingshan hot rolling: 304 material 18300 yuan / ton;

4. Zhangpu guide price: 19200 yuan / ton for 304 material; 22300 yuan / ton for 321 hot rolling; 28100 yuan / ton for 316L hot rolling.

3、 Reference price of stainless steel pipe rod

1. [Qingshan round steel ￠ 65-130] price: 17500 yuan / ton for s30400 material, 25000 yuan / ton for 316L material, 19600 yuan / ton for TP321 material and 18400 yuan / ton for 321 material.

2. [Delong round steel ￠ 65-130] price: 17300 yuan / ton for s30400 material and 24800 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 29.9 yuan / kg; s31603 material 38.8 yuan / kg;

4. [Zhejiang Benji welded pipe] 219-813 * 4-6 pickling specification - 30408 material 25.2 yuan / kg; s31603 material 36.1 yuan / kg; 32168 material 30700 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 656200 tons, an increase of 27000 tons over last week, an increase of 4.28%.

1. Wuxi market 437300 tons, an increase of 21400 tons, an increase of 5.16%;

2. Foshan market 149400 tons, an increase of 6500 tons, an increase of 4.53%;

3. The total inventory of 200 Series in the national mainstream market was 115100 tons, an increase of 2800 tons, an increase of 2.51%;

4. The national mainstream market 300 is 435400 tons this week, an increase of 30700 tons, an increase of 7.58%;

5. The national mainstream market 400 is 105700 tons this week, a decrease of 6500 tons, a decrease of 5.83%;

5、 Output statistics of stainless steel bars

According to Mysteel statistics, in October 2121, the total bar output of 15 domestic stainless steel plants was 156400 tons, a decrease of 6400 tons, a month on month decrease of 3.93% and a year-on-year decrease of 36.50%, including:

1. The output of 200 series was 3000 tons, unchanged month on month;

2. The output of 300 series was 143300 tons, a month on month decrease of 2.38%;

3. The output of 400 series was 10100 tons, a month on month decrease of 22.31%.

5、 Market analysis

On November 17, a fire broke out in the ferronickel smelting furnace of Sulawesi nickel smelter in Southeast Indonesia. At present, the fire only affects the production of one smelting furnace. Under normal production, the output of one ferronickel production line is expected to be 650 nickel tons / month, with little impact. The Philippines has gradually entered the rainy season, and the raw materials are tightening and expected to rise. However, the raw materials of the refinery are well stocked, and the short-term impact is limited.

Under the significant production restriction of stainless steel in September and October, the inventory of stainless steel has not been rapidly removed, which means that there are two weak signs of supply and demand for stainless steel in the previous two months. If stainless steel returns to production quickly, the supply increases, and the downstream demand can be effectively undertaken is a test. In fact, the latest social library shows that stainless steel is showing signs of inventory accumulation, which means that there may be signs of oversupply of stainless steel, because This stainless steel price once showed signs of weakness, which led to the decline of nickel price.

Although the stainless steel inventory is at a relatively low level, after the stainless steel plants resume production one after another, there is no good support in the short term. The stainless steel price is lack of action, and the price is weak under the drag of external emotions. However, from the perspective of the middle line, the later double carbon policy, double control of energy consumption and production restriction may still restrict the supply side, and there is no obvious room for loosening the price of raw materials. After the price continues to fall Consumption may improve moderately, so there is no need to be overly pessimistic about the supply and demand of stainless steel. In the short term, the price of stainless steel is still in the adjustment stage, so we will wait and see for the time being.