节点:中游(冶炼、中间品)位置:中游情绪:利好参考度:4/10


终端消费拖累 价延续疲弱【机构评论】

镍价延续偏弱运行,不锈钢呈现反弹承压态势。海外美联储年末如期实施降息操作。产业端,印尼能源与矿产资源部拟下调2026年镍产量目标,当地部分冶炼厂已出现减产动作。库存层面,12月最新LME镍库存攀升至25.2万吨,国内纯镍社会库存约5.6万吨,环比持续增长。

不锈钢市场方面,终端消费领域已转入淡季阶段。无锡和佛山两大不锈钢市场库存总量小幅..

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