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

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

iconFeb 20, 2019 17:32

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.

"View SMM exclusive nickel production data

Scan QR code, apply to join SMM metal exchange group, please indicate company + name + main business

Nickel price

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn