Nickel review: stocks soaring prices fell to a one-month low
the futures market: yesterday Aaron nickel stocks soared, Aaron nickel contrarian downward in the evening, late fell 1. 96% to $10245, in nearly a month low; Volume 8404, volume 266003 hand cut 4178 hands. Today Shanghai low nickel, first month 1701 opening price 81380 yuan down 200 yuan, nickel 09:20 Shanghai 1701 contract fell 180 yuan to 81400 yuan. Waiting for further news anacreontic, today Shanghai nickel weak consolidation.
London metal exchange ( LME） 16, Aaron ni latest inventory of 373992 metric tons, 4944 metric tons more than the previous session.
is expected: recent nickel performance shocks, the Philippine government to the country's mining industry environmental protection results released this month, traders focus on mining the end result of consolidation in the Philippines, market sentiment so cautious, nickel continues today Shanghai consolidation trend, expected to spot nickel down slightly.
【 Nickel information 】 The nickel industry in Asia, 镍亚洲集团。 ） Subsidiary Hinatuan Mining, Corp. Asked the government to remove Hinatuan mining transportation license suspended Manicani island. Vice President Jose Bayani Baylon said the company is currently waiting for mine. “ We are waiting for the DENR arrangement time review the HMC stock transport homework as soon as possible, restore transport to ease environmental crisis and bring revenue to local residents, & throughout; Baylon said. Manicani also requires the government to lift the moratorium on local residents, because many people affected by the moratorium. Community leaders Imelda Raganas, said the government should be allowed to continue to transport in stock, so that residents can get income. Javar said about 1. 4 million tons of nickel ore inventory, the company exports to China only about 26. 50000 tons.