Today's nickel market (7.4) Russia nickel than Shanghai nickel 08 discount 300 400

Published: Jul 4, 2019 14:41

[July 4 SMM nickel product price]

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[July 4 SMM nickel market trends]

Electrolytic nickel

Spot: July 4, Russia nickel than Shanghai nickel 1908 discount 400-300 yuan / ton. Jinchuan nickel than Shanghai nickel 1908 contract generally reported a rise of 2500 to 2700 yuan / ton, early trading hours, the price around 98200 yuan / ton volatility, due to the first half of the week trading improved, today's nickel price rose to curb downstream purchasing sentiment, early trading hours trading light. Due to the tight supply of nickel in Jinchuan, the quoted price of the holder is quite different, the rising water is 2500 yuan / ton, and some of the cargo holders are quoted as rising water 3000 yuan / ton, the price is not in the market. In the second trading period, prices fell, market activity improved slightly, Russian nickel continued to trade actively with the mainstream discount of 400yuan / ton, Jinchuan Shengshui continued to raise, although Jinchuan factory price was 100000 yuan / ton, up 500yuan / ton from yesterday, but the market welcome supply is tight, the mainstream transaction at 97600100500 yuan / ton.

[Jinchuan company ex-factory price] July 4, Jinchuan company electrolytic nickel (big plate) Shanghai quotation 100000 yuan / ton, barreled small pieces 101200 yuan / ton, up from yesterday.

Stainless steel, waste stainless steel

[SMM stainless steel plant guide price] July 4 Wuxi Taiyuan Iron and Steel spot daily guide price https://news.smm.cn/news/100945792

[guide price of SMM stainless steel plant] the quotation for cold and hot rolling of stainless steel plant in Wuxi area today is flat compared with yesterday's https://news.smm.cn/news/100945761.

[SMM stainless steel plant guide price] July 4 Beihai Chengde July East China, South China guide price https://news.smm.cn/news/100945680

[Qingshan agent releases the latest price of 304hot rolling] on July 3, Qingshan agent announced that the latest price of 304hot rolled narrow strip is 13500 yuan / ton, 200yuan / ton lower than that of July 1st, and the quotation of 304hot rolled plate is 13700 yuan / ton.

[SMM stainless Steel Plant Guide Price] July 3, Anshan Iron and Steel Co., Ltd. Lianzhong July 2019 https://news.smm.cn/news/100945387

Weekly inventory statistics

[SMM pure nickel inventory statistics]

According to the SMM survey, the total amount of nickel stocks in Shanghai, including the previous warehouse receipt stocks, rose 3908 tons, or 6.07 per cent, from last week to 68300 tons, according to a SMM survey. The specific changes are as follows: the inventory in East China increased by 700 tons to 31900 tons compared with last week, and the domestic inverted hanging structure in the first half of the week enabled the long-term arrival of goods to enter the country one after another. During the same period, the inventory of refined nickel in Shanghai Free Trade Zone (including Shanghai Tianwei, Capital Management Hall, Lingang, Jiekai and Henry Bath) was flat compared with last week.

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Today's nickel market (7.4) Russia nickel than Shanghai nickel 08 discount 300 400 - Shanghai Metals Market (SMM)