Pure nickel low inventory + post-saving downstream stock nickel price by vibration to break the 100000 mark

Published: Feb 20, 2019 17:32

Source: Shanghai Nonferrous Metals Network

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SMM2 20 month news: last week Vale iron ore embankment break incident after the emotional impact gradually dissipated, nickel price correction, last week Shanghai nickel main force dropped to 96500 yuan / ton.

By the end of the day, Shanghai Ni 1905 closed up 1.63% at 100710 yuan / ton.

Correlation analysis: [minutes of SMM nickel internal morning meeting] nickel fundamentals are optimistic that spot water may have an expanding trend.

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Nickel price

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