Group 1 - Nickel prices are currently around $14,850 per ton, with Shanghai nickel futures rising by 1,130 to 117,260 yuan per ton, and stainless steel futures increasing by 80 to 12,455 yuan per ton, indicating a stable upward trend in the market [1] - The spot market for stainless steel remains stable in the morning, with strong price support in the afternoon, driven by bullish sentiment as the month-end approaches, leading to increased market competition [1] - In the 304 stainless steel segment, cold-rolled resources are reported in the range of 12,200-12,500 yuan, while hot-rolled resources are around 12,100 yuan, with trading activity becoming cautious after a brief improvement [1] Group 2 - The market sentiment is cautiously optimistic, with trading activity slowing down despite a potential reversal in short-term trends, indicating that the remaining days of the month will be challenging [2]

Group 1 - As of 15:00 today, LME nickel is trading around $15,350 per ton, while the main contract for Shanghai nickel closed down by 70 to 121,500 yuan per ton, indicating a lack of strong rebound but maintaining previous levels, with expectations for opportunities next week [1] - The stainless steel futures main contract on the Shanghai Futures Exchange also saw a decline of 50 to 12,860 yuan per ton, reflecting a weak but stable market [1] - In the spot market, the stainless steel market is generally stable with flexible pricing strategies to stimulate sales, although the overall trading atmosphere remains quiet, with only specific specifications showing some activity [1] Group 2 - Afternoon reports indicate that the mainstream price for 304 private sector cold-rolled resources is in the range of 12,750-13,050 yuan, while the hot-rolled large plate resources are maintaining around 12,650-12,700 yuan, showing little change from earlier levels [1] - For 201 stainless steel, cold and hot rolled prices have decreased by 20-50 yuan, with J1 cold-rolled resources reported at 7,500-7,850 yuan, and J2 and J5 resources around 7,050-7,150 yuan, indicating a downward trend [1] - The market is experiencing narrow fluctuations as it approaches the end of the month, with demand present but not fully realized, suggesting potential opportunities for market participants [1]