[SMM Analysis] Why does Russian nickel water remain high when the import window is open?-Shanghai Metals Market

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[SMM Analysis] Why does Russian nickel water remain high when the import window is open?

Translation 09:46:34PM Apr 19, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, 19th, news:

According to SMM research, because the domestic inventory is at a historically low level, and stainless steel has no recent production reduction plan, demand is still there. Therefore, some holders hoard goods to rise, wait and see the market changes, do not quote for the time being. And according to SMM research, there are still goods coming to Hong Kong one after another, starting on Thursday, some hoarders began to release goods to the spot market slowly, the supply of goods is slightly looser than before, Russian nickel water has slightly dropped to 850900 yuan / ton. The discount is expected to stabilize or continue to decline slightly next week, as hoarders release goods to the spot market at a slower pace, and the market circulation is still tight in the short term. It is expected that next week Russian nickel will be 1905 to Wuxi or 800 to 1000 yuan / ton of water.

Jinchuan nickel to Wuxi 1905 liters of water continues to rise, but the actual Jinchuan supply is not in short supply, mainly because Jinchuan company cherish the sale, resulting in rising water continues to rise.

For more information, please subscribe to the SMM Ni Research Group products "China Ni Industry chain General report" and "China Ni Industry chain High end report". Get the latest nickel ore, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, stainless steel (China + Indonesia) related data analysis and market analysis! For order and trial, please call 021 51666896 QQ 2880505538, contact: Duan Chunjing

(Shanghai SMM Network Duan Chunjing TEL: 021 51666896 QQ: 2880505538)

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[SMM Analysis] Why does Russian nickel water remain high when the import window is open?

Translation 09:46:34PM Apr 19, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, 19th, news:

According to SMM research, because the domestic inventory is at a historically low level, and stainless steel has no recent production reduction plan, demand is still there. Therefore, some holders hoard goods to rise, wait and see the market changes, do not quote for the time being. And according to SMM research, there are still goods coming to Hong Kong one after another, starting on Thursday, some hoarders began to release goods to the spot market slowly, the supply of goods is slightly looser than before, Russian nickel water has slightly dropped to 850900 yuan / ton. The discount is expected to stabilize or continue to decline slightly next week, as hoarders release goods to the spot market at a slower pace, and the market circulation is still tight in the short term. It is expected that next week Russian nickel will be 1905 to Wuxi or 800 to 1000 yuan / ton of water.

Jinchuan nickel to Wuxi 1905 liters of water continues to rise, but the actual Jinchuan supply is not in short supply, mainly because Jinchuan company cherish the sale, resulting in rising water continues to rise.

For more information, please subscribe to the SMM Ni Research Group products "China Ni Industry chain General report" and "China Ni Industry chain High end report". Get the latest nickel ore, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, stainless steel (China + Indonesia) related data analysis and market analysis! For order and trial, please call 021 51666896 QQ 2880505538, contact: Duan Chunjing

(Shanghai SMM Network Duan Chunjing TEL: 021 51666896 QQ: 2880505538)

"Click to sign up for the 2019 SMM Ni-Co-Li Summit