乌克兰的情况镍和不锈钢谨慎更多的蘸料主要买

镍品种：最近，在乌克兰的俄罗斯镍制裁的影响下，LME镍的价格大幅上涨，曾经达到30,000美元的马克，LME镍0-3以来自2008年以来遭遇新的高点，而上海镍（210,950,22,600.00，12.00％）价格表现较弱，镍价外面强大，内部弱势较弱，精制镍进口损失高达八年的峰。国内现货交易较弱，下游利润差，缺乏采购意图。据国内网站数据，上海镍库存+290吨至5479吨，LME镍库存-3006吨至77082吨，上海自由贸易区镍库存-400吨至6,500吨，中国（包括自由贸易区）精制镍库存+601吨至18,940吨，全球精制镍显式股票-2405吨至96,022吨，全球精制镍明细股继续下滑。

镍镍观点:总体仍在巴勒斯坦权力机构ttern of low inventory, strong reality and weak expectation. The global refined nickel inventory is still declining and at a low level, and the reality of supply and demand is strong. Low inventory and low warehouse orders improve the elasticity of nickel price rise. Nickel midline supply and demand forecast is not very optimistic, but the midline forecast is also variable; In the inventory of obvious inflection point, the reality of supply and demand to excess before the nickel price is still more ideas to treat, the strategy to buy the main dips. Recently, under the influence of Russian nickel sanctions worries, the price of London nickel has greatly strengthened, but the domestic spot is cold, the downstream profit is poor, refined nickel and nickel iron price difference hit a ten-year high, forming a drag on the nickel price, the nickel price should not be too high.

镍策略：片面：更加谨慎。购买低基础，不要过度追逐高。

镍重点：美联储货币政策，高镍哑光和湿容发展，新能源汽车电池技术开发。

304 stainless steel varieties: last week, the national 300 series of stainless steel social inventory decreased by 0.75 million tons to 519,400 tons, a decrease of 1.42%, which is flat cold rolling, hot rolling decline, in the Spring Festival continued to tired storage after the first week of decline. Recently, high nickel iron circulating resources are tight, nickel iron factory quotation is strong, the domestic factory price is at 1525-1540 yuan/nickel point, 304 stainless steel cost performance is strong, forming support for the price. Stainless steel futures prices suppressed after Yang, the second half of the week as futures prices stabilize and pick up, the spot market atmosphere improved significantly, the transaction improved significantly.

不锈钢景观：当前零售的亚伦镍，镍不锈钢产业链上海镍，镍，铁，不锈钢从高到低电平，估值中的不锈钢相对于产业链的最低部分，在后台强大的LME镍，以及在3月份的不锈钢消费中稳定增长，需要注意不锈钢价格可能会有低估值来维修，谨慎地看涨思路。由于菲律宾仍处于雨季，中国镍矿和镍铁的供应是紧张的，原料镍铁的价格坚挺。此外，最近不锈钢厂的原料价格高，这是不锈钢成本。3月份，不锈钢的供需是蓬勃发展，输出显示出扩张趋势，但春节后的消费延误以及国内变暖的宏观政策，3月份不锈钢消费仍然值得期待。

不锈钢策略：更加谨慎。购买低基础，不要过度追逐高。

不锈钢焦点：不锈钢新能力，不锈钢社会库存，不锈钢期货仓库。