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 Therefore, some holders hoard goods to rise, wait and see the market changes, do not quote for the time being.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.
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