Nickel review: Aaron nickel stocks hit a low nickel prices more than 19 months vibration strength
futures market closed higher on Friday, the us crude oil futures contracts in recent months 3. 8%, basic metal prices get support high and volatile, every nickel Zhou Lun posted its best performance, rose $160 closed at $9030, up to 1. 8%; Today Shanghai high nickel, 1607 contracts in the current month opening price 70850 yuan rise 1020 yuan, nickel 09:26 Shanghai 1607 contracts to 71980 yuan, = rose 2105 yuan; Under the influence of outside dish strong, today Shanghai nickel is expected to go higher.
London metal exchange ( LME） 17, Aaron ni latest inventory of 386238 metric tons, less than the previous trading day 2382 metric tons.
is expected: Aaron nickel stocks have fallen to more than 19 months lows and global nickel supply narrow short-term support for nickel, nickel spot defensive performance, Shanghai nickel or is expected to continue strong trend this week, is expected to rise in spot nickel today.
【 Nickel information 】 PolyMet mining company, announced its first quarter financial report. According to the results content, the swiss-based commodity trade and mining giant company glencore ( Glencore AG） 14 million dollars funding to Polymet mining company. This is in addition to give $11 million of loans in January a sum of money. PolyMet mining company plans to develop first located in Minnesota, 该组织) Hoyt lake ( 霍伊特湖泊) Near the copper and nickel ore resources. The project total cost about $600 million, is expected to employ 300 workers.