Nickel review: before the non-agricultural market sentiment cautious weaker nickel prices d
the futures market: last night, the bank of England announced the benchmark interest rates to its history, to cut interest rates for the first time in seven years, the decision was made after the dollar index higher, base metal under pressure, London nickel show weak, closed down $190, the latest closing price at $10560, down to 1. 77%; Today Shanghai low nickel, first month 1701 opening price 81600 yuan down 1440 yuan, nickel 09:30 Shanghai 1701 contract fell 610 yuan to 82430 yuan, Shanghai stock market movements careful today, Shanghai nickel or weak finishing.
London metal exchange ( LME） 4, Aaron ni latest inventory of 371748 metric tons, less than the previous trading day 630 metric tons.
is expected: the market focus will be announced on Friday's non-farm payrolls data, the data will provide important reference to the fed's policy decision, days after the Shanghai weaker nickel, nickel spot small drop is expected today.
【 Nickel information 】 The Philippines, according to announced on August 4, a minister said on Thursday that the government to strengthen environmental improvement action, has suspended seven nickel mining operations, the move has sparked a global concern about nickel. The Philippines is the number one market, China's largest supplier of nickel, some ore production and could have more close, the environment and natural resources minister Regina Lopez: & other; Today let's stop Claver Mineral operations. We will review the Mindanao island all mines. ” The southern island of Mindanao in the Philippines, nickel reserves. Lopez Davao city in the south mining spoke on the BBS, but did not explain what causes directly Claver Mineral park operations. Government started from July 8 to review of the mine, to check whether the enterprise abide by environment protection laws and regulations, the current seven miners has suspended operations, are nickel producer.