Nickel review: season stainless steel procurement increase prices higher vibration
the futures market: surprisingly weak U. S. services index in August was released, the dollar index fell sharply dropped more than two week low, night Aaron nickel prices get a lift closed up $90, the latest closing price at $10115, or 0. 9%; Volume 6517, holdings 259899 hand cut 1636 hands. Today Shanghai nickel open slightly higher, main 1701 contract opening price 80910 yuan rise 530 yuan, nickel 1701 09:30 Shanghai contract rose to 80740 yuan, 360 yuan. Expectations of further fed rate rises, the sentiment or the boost, nickel is expected today Shanghai strong direction.
London metal exchange ( LME） 6, Aaron ni latest inventory of 367896 metric tons, 138 metric tons more than the previous session.
is expected: September and October for the industrial metal consumption season, investors generally expected market demand will be improved, with the downstream stainless steel factory purchase quantity increasing nickel plate, nickel price or get support, days after the Shanghai nickel run strong, is expected to spot nickel rose slightly.
【 Nickel information 】
(environment and resources DENR) Announced it had completed the domestic censorship in mines, minister Gina Lopez swear & other; Sure & throughout; It will suspend more mining operations, including large mining enterprises. New mine suspend will be announced next week, Lopez (Monday On September 5th) In the department budget hearing said. Environment in 2017 budget plan for 286. The Philippine peso (700 million 6. $159. 7 billion) 。 “ Review has been completed, the next review is given of doubt, after the mining explained, then the environment to verify, and finally a conclusion by the environment ministry, & throughout; Lopez said this is the process of review. So far, the DENR has suspended 10 mining enterprises