Market Overview - LME nickel prices fell by 20 to $14,820 per ton, while the Shanghai nickel main contract dropped by 150 to ¥117,010 per ton [1] - The stainless steel futures on the Shanghai Futures Exchange remained flat at ¥12,355 per ton, indicating a lack of strong support in the stainless steel market [1] Spot Market Insights - As the weekend and month-end approach, the mainstream price for 304 private four-foot cold-rolled resources is reported in the range of ¥12,200-¥12,500, while five-foot hot-rolled plate resources are around ¥12,050-¥12,100 [1] - Some price adjustments are noted, with fluctuations of around ¥50, likely aimed at promoting sales before the month-end [1] Demand and Supply Dynamics - The cold and hot-rolled markets are weak and stable, with limited demand and a standoff in transactions [1] - Mainstream prices for J1 four-foot cold-rolled resources are reported in the range of ¥7,650-¥7,800, while J2 and J5 resources are around ¥6,850-¥7,000 [1] Future Outlook - The current market situation shows more sellers than buyers, with narrow fluctuations in volume and price, raising questions about potential changes at the beginning of the next month [1]
周末月末同步收官 不锈市场弱稳试探转机仍滞后
Xin Lang Cai Jing·2025-11-29 04:40