Nickel review: for fear of tightening supply nickel prices to return to the strong
the futures market, the Philippines, officials said Tuesday for violating the environmental protection laws and regulations, the country's 20 mines shut down again, most of which is a nickel. Evening nickel high consolidation, and closed up $230, the latest closing price to $10695, up to 2. 2%, volume 13934, an increase of 8518 hands, holdings 261053 hand cut 861 hands. Today Shanghai high nickel, 1701 contract main month opening price 82880 yuan rise 1490 yuan, nickel 1701 09:30 Shanghai contract rose to 82150 yuan, 760 yuan.
London metal exchange ( LME） 27 Aaron ni latest inventory of 361860 metric tons, less than the previous trading day 504 metric tons.
is expected: number of nickel mines shut down more than expected in the Philippines, for fear the government shut down more nickel mine supply will lead to tighten, short-term supported nickel prices, spot nickel material today.
【 Nickel information 】 A government official said on Tuesday in the Philippines, the government has ordered to shut down 20 mines, most of them are nickel, due to its violation of environmental laws and regulations. If all these Suggestions finally closed mine closure, the Philippines will have 30 mines shut down, of which 18 is nickel project, according to the production of last year, was temporarily shut down the mine output accounts for more than half of the country's nickel production. The Philippine mining department said: 30 miners have seven days to review the results of an appeal.