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Home / Metal News / [Ni] CBI Morning Review - 2009/6/30 Nickel Market

[Ni] CBI Morning Review - 2009/6/30 Nickel Market

iconJun 30, 2009 00:00
Source:上海有色金属网

SHANGHAI, June 30 (CBI China) -- Yesterday, the US dollar weakened slightly, but base metal prices lacked directions in the high level, so when SHFE copper showed strong performance, nickel price fell and fluctuated slightly. The market trend will be affected by the high domestic inventory level and gradual improvements in economic conditions in the short term. This week, special attentions should be focused on China’s purchasing managers index (PMI) and the US consumer confidence index (CCI), and nickel price is expected to fluctuate in the USD 14,000-16,000/mt range.

 

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