Nickel, nickel prices rise a moratorium on the Dragon Boat Festival holiday
the futures market: after a disappointing jobs report released Friday, suspicion of summer the fed to raise interest rates to increase market, Aaron nickel highs, since three weeks late slightly fell $10, the latest closing price at $8640, or 0. 12%; Today Shanghai nickel or opening now, first month 1609 opening price 68500 yuan down 470 yuan, nickel 09:30 Shanghai 1609 contracts to 68990 yuan, up 20 yuan. In front of the domestic small Dragon Boat Festival holiday cautious market performance, today Shanghai nickel or shock consolidation.
London metal exchange ( LME） 7, Aaron ni latest inventory of 396498 metric tons, 738 metric tons more than the previous session.
is expected: evening, a weaker dollar makes nickel losses were limited, but the domestic market small long holiday approaching, the market risk aversion to heat up, days of trading or are bland, Shanghai is expected to nickel to consolidate, spot nickel or or limited today.
【 Nickel information 】 Nickel prices for nearly three weeks since the biggest gain, primarily for market participants worry that less nickel supply Colombia and the Philippines. South32 of Rome cable nickel mine ( Cerro Matoso） The unions plan on June 14, began to strike. At the same time, the end of this week, the Philippines, the new President elect Rodrigo Duterte warned that damage the environment of mining company mining environmental protection efforts to improve or face closure. If the Philippines to stop supply China with cast iron used in the production of nickel laterite nickel ore raw materials, so need to worry about nickel may begin to supply shortages, the Russian federation savings bank in Moscow, chief commodities strategist at Dmitry Kolomytsyn said.