The price of stainless steel wire mesh continues to rise now, which has a great relationship with our daily supply and demand. At the same time, in the short term there is no obvious negative factor in the market, short confidence is insufficient, and nickel prices have started to rise all the way. Under the influence of the continuous rise in the outer disk, Shanghai nickel also continued to rise. We are more concerned about the price of stainless steel wire mesh. For the reason for the rise, this is the first step for customers to buy.
According to official statistics, the global nickel market gap widened to 57,300 tons in January-May, and about 90,000 tons in 2018. This means that the gap has not been effectively filled
, which has contributed to the rise in nickel prices. In addition, after four consecutive years of destocking, the proportion of nickel plates has continued to decrease. As of July 17, the inventory of electrolytic nickel was reported at 148,374 tons, a decrease of nearly half compared to the same period last year, of which nickel plate inventory was only about 45,000 tons. The supply of domestic deliverable stainless steel wire mesh stocks is getting less and less, and market games are not good for shorts.
The rise of stainless steel wire mesh may also be related to the choice of manufacturers. Good manufacturers focus on production quality. Prices are relatively stable. Some small vendors may raise prices, and product quality is not guaranteed. Customers need to be identified carefully.
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