Group 1 - The core viewpoint is that the nickel price is expected to rise due to increased sensitivity to disruptions in the nickel ore market, following extreme valuation compression in nickel stainless steel [2] - The market is currently in a "buy on the rise, sell on the fall" mode, with strong price support from upstream steel mills and agents, leading to improved transactions in the 304 stainless steel segment [3] - Nickel inventory has increased by 600 tons to 59,000 tons, while nickel iron inventory has decreased by 1,000 tons to 29,300 tons, indicating a tightening supply situation [3] Group 2 - The main institutions, Dongwu Futures and Guotou Anxin Futures, both maintain a bullish outlook on nickel prices, suggesting that prices are likely to continue rising in the near term [2][3] - The approval process for nickel mines in Indonesia may result in higher-than-expected final approval volumes, which could impact market expectations [2] - The reintroduction of export license management for stainless steel products is accelerating the reduction of social inventory, further supporting price increases [3]
印尼政策未证伪的前提下 沪镍期货维持强势特征
Jin Tou Wang·2026-01-06 08:02