不锈钢产业日报 2026-01-07 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货主力合约收盘价:不锈钢(日,元/吨) | 13885 | 490 02-03月合约价差:不锈钢(日,元/吨) | -140 | -30 -11309 | | | 期货前20名持仓:净买单量:不锈钢(日,手) | -16506 | -5270 主力合约持仓量:不锈钢(日,手) | 51852 | | | | 仓单数量:不锈钢(日,吨) | 47267 | -120 | | | | 现货市场 | 304/2B卷:切边:无锡(日,元/吨) | 14350 | 550 市场价:废不锈钢304:无锡(日,元/吨) | 9300 | 0 | | | 基差:不锈钢(日,元/吨) | 75 | -270 | | | | 上游情况 | 电解镍产量(月,吨) | 29430 | 1120 镍铁产量合计(月,万金属吨) | 2.21 | -0.08 | | | 进口数量:精炼镍及合金(月,吨) | 12840.49 ...

Market Overview - On November 24, the domestic market saw a decline in stainless steel prices, with 304 prices dropping by 100 yuan/ton and 316L prices decreasing by 450-500 yuan/ton, while 201 and 430 remained stable [4][6] - The overall trading atmosphere in the market is weak, with most merchants focusing on reducing inventory as the month-end approaches [4][8] Price Movements - The main contract for stainless steel futures closed at 12,335 yuan/ton, up by 45 yuan/ton, while the main nickel contract closed at 115,530 yuan/ton, an increase of 1,480 yuan/ton [3][8] - Specific price changes for major steel mills include: - Tai Steel 304/2B at 15,850 yuan/ton (unchanged) - Zhangpu 304/2B at 13,300 yuan/ton (up by 1 yuan) - Dongfang Special Steel 316L/No. 1 at 23,050 yuan/ton (down by 400 yuan) [6] Market Performance - In Wuxi, the price for 304/2B from Tai Steel is 13,400 yuan/ton (unchanged), while in Foshan, the price for the same material is 12,900 yuan/ton [6] - The trading prices for 201 and 430 remain stable across both markets [4][6] Futures Market - The night trading session on November 24 showed fluctuations around the average line, with a slight decline towards the end, indicating a short-term bearish trend [8] - The next trading day for the 2601 contract is expected to range between 12,400 and 12,250 yuan/ton [8] Nickel and Other Metals - The price for nickel plates in the Yangtze River region is 118,050 yuan/ton, up by 1,250 yuan/ton, while high-carbon ferrochrome in Sichuan remains stable at 8,300 yuan/50 base tons [9]

News Summary Core Viewpoint - The stainless steel market is experiencing a mixed situation with production adjustments and inventory changes, influenced by both domestic and international factors [1][2][3]. Group 1: Production and Inventory - In November, stainless steel production was 3.3752 million tons, a decrease of 2.06% month-on-month but an increase of 1.71% year-on-year [1]. - As of October 2025, the inventory of steel products in key steel enterprises was 14.63 million tons, a decrease of 1.95 million tons (11.8%) from the previous period, but an increase of 2.26 million tons (18.3%) from the beginning of the year [1]. Group 2: Market Dynamics - The shutdown of POSCO's stainless steel plant in South Korea may lead to supply chain tensions, although domestic stainless steel inventory has slightly increased and terminal demand remains weak [2]. - The raw material costs are expected to decrease due to the Indonesian government's policies affecting nickel resource supply costs, while the production profits for steel mills are recovering [3]. Group 3: Demand and Pricing - The demand from downstream sectors is not strong, leading to a general increase in stainless steel social inventory, with market purchasing intentions remaining low [3]. - Technical analysis indicates a downward trend in prices with increased divergence between long and short positions, suggesting a focus on support levels around 12,400 [3].