[July 18 SMM nickel product price]
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[July 18 SMM nickel market trends]
Electrolytic nickel
Spot: Russian nickel than Shanghai nickel 1908 discount 350-paste 300 yuan / ton, more stable than yesterday. The recent nickel price crazy pull up, the first half of the week experienced downstream take goods, the second half of the week transaction tends to be flat, spot trading in general. Although the spot transaction is cold, but the holder because recently does not have the massive source of goods to flow into the domestic, basically by the straight rise discount water primarily, downstream is deterred, the pure nickel cost rises sharply, reduces the pure nickel demand as far as possible. Jinchuan nickel than Shanghai nickel 1908 contract generally reported a water rise of 1200 to 1500 yuan / ton, a small increase from yesterday. Jinchuan nickel also due to the nickel price rose sharply, downstream procurement decreased, but the recent Jinchuan nickel circulation is tight, resulting in a slight increase in rising water. The ex-factory price of Jinchuan Company was 118500, 2500 yuan / ton higher than yesterday, and the mainstream transaction was 117600-119200 yuan / ton.
[Jinchuan company ex-factory price] Jinchuan company electrolytic nickel (big plate) Shanghai quotation 108500 yuan / ton, barreled small pieces 109700 yuan / ton, up 2500 yuan / ton from yesterday.
Nickel pig iron, nickel ore
SMM July 18: according to SMM research, the purchase price of high nickel iron in a steel mill in the south this week is 1080 to 1090 yuan / nickel point, including tax, which is higher than the transaction price of 980 to 1000 yuan / nickel point last week, and the delivery date is from the end of August to the middle of September. [East China]
Nickel sulfate
[this week's precursor plant uses nickel beans to produce nickel sulfate losses] according to the SMM cost model, the profit margin for the production of crystal nickel sulfate from MHP (nickel cobalt hydroxide) was 2% on July 11, while the profit margin for precursor enterprises using nickel beans to produce liquid nickel sulfate was-5.7%.
Ferrochromium
[northern electricity limit ferrochromium cost rises] on July 19, the recent news of the northern power limit has been continuously heated by the market, although the impact on the local market output is limited, but some industries say that the power limit has a great impact on the index of ferrochromium products, which will affect the reduction of chromium slag recovery. As a result, the production cost will rise, so the price of high-carbon ferrochromium will rise by an average of about 100 yuan / 50 base tons. Today, the ferrochromium plant in Inner Mongolia will resume production, and the local ferrochromium production will increase. Under the power restriction policy, the overall supply of ferrochromium in the market remains strong.
Stainless steel, waste stainless steel
[SMM stainless steel plant guide price] Wuxi stainless steel plant guide price increased by 200RMB / t / t https://news.smm.cn/news/100951896 / t / t
[Qingshan Xinkai 304stainless steel] Qingshan new opening price: narrow band quoted 14800 yuan / ton, big board quoted 15000 yuan / ton. The price is 1500 yuan / ton higher than the last opening price.
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