1、 Raw material report:

1. Nickel: on March 30, the three-month price of nickel in London was US $31900, down US $825, or 2.52%. The latest price of Shanghai nickel was 215570 yuan, down 6390 yuan, or 2.88%. Domestic high-carbon ferrochrome fecr55c1000 (50 basis) in Jiangsu, Zhejiang and Shanghai was 9000 yuan / 50 basis ton, and that of Shanghai ferromolybdenum femo60 was 177500 yuan / ton, up 1100.

2. Continuous stainless steel: the latest price is 20275 yuan, up 65 yuan, or 0.62%. The position is 54516 and the trading volume is 60309.

3. Price of Dainan waste stainless steel

201ni ≈ 1-1.5% 7550-7850 down 100304ni ≥ 8%; Primary material 13100-13300304ni ≈ 7.6-8%; Return material 12600-12800;

316 return material 18150-18350316ni ≥ 10%; Grade I material 18350-18750316l, Ni ≥ 10%, Mo ≈ 2%, 18550-18750;

310S Ni=18-19% 22750-22950，430Cr≈16%-18%； Mn ≈ 1% - 2% 5750-5900431 return material 4300-4500.

2、 Wuxi stainless steel coil reference price

1. TISCO hot rolling guide price:

300 hot rolling series: 304 material 1800 rough edges 22500 yuan / ton; 21600 yuan / ton of 304 / No.1; 25700 yuan / ton of 321 / No.1; 31700 yuan / ton of 316L / No.1.

Medium plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 23500 yuan / ton, 321 material 27700 yuan / ton, 316L material 33500 yuan / ton.

2. Dongte hot rolling guide price: 20400 yuan / ton for 304 material 4-12mm and 20600 yuan / ton for 14mm; 21100 yuan / ton for 16mm; 316L material: 30800 yuan / ton for 4-12mm and 31200 yuan / ton for 14mm; 31700 yuan / ton for 16mm; 2205 hot rolled white coil 30600 yuan / ton.

3. Qingshan hot rolling: 304 material 19750 yuan / ton;

4. Guidance price: 304 material 20700 yuan / ton, 321 hot rolling 24200 yuan / ton; 316L hot rolling 30700 yuan / ton.

3、 Reference price of stainless steel pipe rod

1. [Qingshan round steel ￠ 65-130] price s30400, material 19500 yuan / ton,; 316L material 29000 yuan / ton, TP321 material 21800 yuan / ton, 321 material 20600 yuan / ton. 304 raw pipe round steel price + 800316l raw pipe round steel price + 900321 raw pipe round steel price + 850.

2. [Guoqing special round steel ￠ 65-130] s22053 material 27600 yuan / ton, 310S material 45300 yuan / ton.

3. [Delong round steel ￠ 65-130] price s30400 material 20000 yuan / ton, 316L material 29500 yuan / ton.

4. [Yongxing bar ￠ 65-130] 304 material 22800 yuan / ton, TP321 material 26400 yuan / ton, 316L material 35000 yuan / ton, 316gb material 39600 yuan / ton, s2205 material 32500 yuan / ton.

5. [Huaxin Lihua ￠ 65-130] s30400 material 23000 yuan / ton, 316ls material 32500 yuan / ton, 32107 material 25500 yuan / ton.

6. [UBS round steel ￠ 65-130 sealing plate] 17-4PH material 16500 yuan / ton, 347 material 24000 yuan / ton, 316Ti material 28000 yuan / ton, 1.4571 material 29500 yuan / ton, 317L material 33000 yuan / ton, s22053 material 25800 yuan / ton, s25073 material 32800 yuan / ton, F55 material 35500 yuan / ton, 310S material 41500 yuan / ton, 254SMO material 62000 yuan / ton, 904L material 62500 yuan / ton, 825 material 90000 yuan / ton, 400 material 180000 yuan / ton, 625 material 170000 yuan / ton, 718 material 150000 yuan / ton, 800H material 65000 yuan / ton, 600 material 158000 yuan / ton.

7. [reference price of Zhejiang Benji pipe]

Stainless steel seamless pipe 30408 material, specification 25 * 2 * 6000 cold drawn pipe, pickling and weighing delivery - 32.6 yuan / kg;

Stainless steel seamless pipe s31603 material, specification 25 * 2 * 6000 cold drawn pipe, pickling and weighing delivery - 44.5 yuan / kg;

Stainless steel seamless pipe s32168 material, specification 25 * 2 * 6000 cold drawn pipe, pickling and weighing delivery - 36 yuan / kg;

Stainless steel welded pipe 30408 material, specification 219-813 * 4-6, pickling and weighing delivery - 27.5 yuan / kg;

Stainless steel welded pipe s31603 material, specification 219-813 * 4-6, pickling and weighing delivery - 39.6 yuan / kg;

Stainless steel welded pipe 32168 material, specification 219-813 * 4-6, pickling and weighing delivery - 33.7 yuan / kg;

4、 Market analysis

Last night, the situation in Russia and Ukraine was very positive. The price of crude oil plunged sharply, agricultural products fell across the board and precious metals fell sharply!

According to CCTV news, on March 29 local time, after the first day of the fifth round of Russian Ukrainian negotiations, the head of the Russian delegation mezinski said that the negotiations between the two sides were very constructive. Russia was studying Ukraines proposal, and the relevant information would be reported to President Putin. In addition, he also said that Russia is taking two steps to ease the conflict with Ukraine.

At present, the main downstream stainless steel and new energy industries of nickel are basically weak in both supply and demand. The epidemic has led to the stagnation of the two stainless steel spot markets in Wuxi and Foshan, and there are few downstream purchases. A person in charge of a nickel processing enterprise told reporters that many downstream electroplating and stainless steel enterprises believe that the current nickel price is high, and have adopted delaying replenishment strategies to reduce their own premium procurement risk.

Since the resumption of LME nickel trading on March 16, the London Metal Exchange has only given the "official price" which is regarded as the reference price of the day in the industry on March 22. However, most downstream nickel processing enterprises do not recognize the offer of LME, pointing out that the official price is still higher than the reasonable valuation of the market. Fan Runze, a nickel researcher at SDIC Anxin futures, said that Indonesia is expected to add 50000 tons of wet intermediate products of nickel and about 100000 tons of high nickel matte production in 2022, which can basically cover the demand for nickel in the new energy industry this year. After the second quarter, the fear of nickel supply shortage in China will also be dispelled, which will virtually bring callback pressure to the nickel price.

The tight supply of nickel and iron at the raw material end has a certain restriction on the output of stainless steel. The future consumption may be supported by the domestic stable growth environment. Once the epidemic is controlled, the consumption is expected to pick up.