Report Title - Nickel Stainless Steel Industry Chain Weekly Report [1] Report Date - April 28, 2025 [1] Core Viewpoints Bullish Factors - Indonesia's nickel ore export quota approval is delayed, intensifying the short - term supply shortage expectation [3] - The demand for new energy vehicle batteries has rebounded month - on - month, supporting the sentiment repair of nickel prices [3] Bearish Factors - Domestic stainless steel mills continue to cut production, and the consumption of ferronickel further weakens [3] - The incremental return of Indonesian intermediate products is significant, and the cost support of nickel sulfate is loosening [3] Trading Consultation Viewpoint - With the interweaving of long and short factors, the wide - range fluctuation of nickel prices intensifies, and industrial customers can prioritize locking in raw material procurement risks [3] Market Data Nickel Futures - The latest value of SHFE Nickel Main Contract is 125,800 yuan/ton, with a weekly increase of 230 yuan and a weekly increase rate of 0.18% [4] - The latest value of SHFE Nickel Contract 1 is 125,800 yuan/ton, with a weekly decrease of 220 yuan and a weekly decrease rate of - 0.17% [4] - The latest value of SHFE Nickel Contract 2 is 125,970 yuan/ton, with a weekly decrease of 270 yuan and a weekly decrease rate of - 0.21% [4] - The latest value of SHFE Nickel Contract 3 is 126,170 yuan/ton, with a weekly decrease of 170 yuan and a weekly decrease rate of - 0.21% [4] - The latest value of LME Nickel 3M is 15,880 dollars/ton, with a weekly increase of 285 dollars and a decrease rate of - 0.13% [4] Stainless Steel Futures - The latest value of Stainless Steel Main Contract is 12,680 yuan/ton, with a weekly decrease of 10 yuan and a weekly increase rate of 0% [4] - The latest value of Stainless Steel Contract 1 is 12,680 yuan/ton, with a weekly decrease of 110 yuan and a weekly decrease rate of - 0.86% [4] - The latest value of Stainless Steel Contract 2 is 12,725 yuan/ton, with a weekly decrease of 110 yuan and a weekly decrease rate of - 0.86% [4] - The latest value of Stainless Steel Contract 3 is 12,760 yuan/ton, with a weekly decrease of 115 yuan and a weekly decrease rate of - 0.89% [4] Other Data - The latest position volume is 66,380 lots, with an increase of 29,076 lots and an increase rate of 77.9% [4] - The latest trading volume is 167,402 lots, with an increase of 71,565 lots and an increase rate of 74.67% [4] - The latest warehouse receipt quantity is 24,800 tons, with a decrease of 520 tons and a decrease rate of - 2.05% [4] - The latest basis of the main contract is - 1,425 yuan/ton, with an increase of 595 yuan and a decrease rate of - 29.46% [4] - The latest domestic social inventory is 44,661 tons, with an increase of 701 tons [4] - The latest LME nickel inventory is 202,470 tons, with a decrease of 1,380 tons [4] - The latest stainless steel social inventory is 985.8 thousand tons, with a decrease of 13.6 thousand tons [6] - The latest ferronickel inventory is 24,173.5 thousand tons, with an increase of 3,690.5 thousand tons [6]
镍、不锈钢产业链周报-20250428
Dong Ya Qi Huo·2025-04-28 01:47