节点：下游（终端消费/应用）位置：下游情绪：利空参考度：6/10


政策面与供需面博弈 镍不锈钢震荡运行【机构评论】

日内基本金属互有涨跌，沪镍主力合约收跌1.22%；隔夜基本金属全线收涨，沪镍收涨1.35%，LME因假期停盘。

印尼镍矿内贸基准下跌，国内镍铁价格上涨，铁厂亏损持续收缩但仍处于亏损状态，维持低产；下游部分不锈钢厂维持减产，周内社会库存继续大幅去化，镍铁维持过剩格局。新能源领域，下游累积增速持续修复，硫酸镍以销定产，产量环比增长，库存维持低位，近..汽车增速逐渐放缓。纯镍方面，国内外库存涨跌不一，LME库存维持在25万吨以上；电镍生产性价比低于硫酸镍，部分产能转产，更有部分产能减产。

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提示：交叉验证为了突出可靠性，仅汇总其他平台类似消息，不代表此文一定来自这些平台，验证结果缓存720天