[August 19 SMM nickel product price]
[August 19 SMM nickel market trends]
Electrolytic nickel
Spot: August 19, Russia nickel than Shanghai nickel 1909 discount 300 to paste 250 yuan / ton, Jinchuan nickel than Shanghai nickel 1909 contract generally reported 800 yuan / ton. During the morning and morning trading sessions, the disk surface showed a narrow range of shocks, Russian-nickel discount continued to be stable, transactions were few, downstream steel mills continued to wait and see, and the closure of the import window also made it difficult for traders to replenish goods and be unable to expand discount shipments. Jinchuan Shengshui is still stable, the transaction is also weak, some old goods sold in the market so that the rising water is difficult to strengthen. Nickel prices high shock under the overall buying gas to maintain the previous wait-and-see state, little demand release. Jinchuan Shanghai ex-factory price of 126600 yuan / ton, down 400 yuan / ton from Friday, the mainstream transaction at 126400 to 126800 yuan / ton.
[Jinchuan company ex-factory price] Jinchuan company electrolytic nickel (big plate) Shanghai quotation 126600 yuan / ton, barreled small pieces 127800 yuan / ton, down 400 yuan / ton from Friday.
Stainless steel
[SMM stainless steel plant guide price] August 19 Wuxi stainless steel plant guide price generally flat https://news.smm.cn/news/100963455
[Foshan 304stainless steel cold hot rolled price] SMM August 19 news: 304 2B rough edge coil price quoted 15000 to 15200 yuan / ton, cut edge coil price today 15600 to 15800 yuan / ton, rough edge and cut edge average price is the same as last Friday price; 304No.1 market quotation 14500 14700 yuan / ton, the average price is unchanged from Friday price. The price is 15600-15800 yuan / ton, the average price is 14500-14700 yuan / ton. In the market, the mainstream quotation of 304 cold hot rolling is mainly stable, the actual demand of downstream terminals is not prosperous, the price support is not high, the market spot is too much, and the market price of 300 series is expected to be adjusted in the short term, but the actual transaction situation still continues to pay attention to the change of market supply and demand.
SMM August 19: Foshan Taiyuan Iron and Steel Co., Ltd. cold rolling offer (including tax cutting edge base price), 304 2B quoted 15650 yuan / ton, 316L quoted 23000 yuan / ton, 430L quoted 8000 yuan / ton, the offer is the same as last Friday.
[SMM stainless steel plant guide price] Wuxi Taiyuan steel spot daily guide price is the same as last Friday https://news.smm.cn/news/100963367
Inventory
According to SMM research, the total amount of nickel stocks in Shanghai, including the previous warehouse receipt stocks, rose 215 tons, or 0.3 per cent, from last week to 81900 tons. The specific changes are as follows: stocks in East China increased by 100 tons to 31100 tons compared with last week, while stocks in the Shanghai Free Trade Zone (including Shanghai Tianwei, Capital Management Hall, Lingang, Jiekai and Henry Bath) refined nickel stocks were 21800 tons over the same period, unchanged from the previous week.
