Nickel review: supply worries revived nickel prices strong continuance
the futures market: the Philippines has been shut down to increasing of quantity of nickel ore, nickel prices back to boost, evening leave high to go high nickel, and ended up 3. All fell 73% to $10715 to recover this week; Today Shanghai high nickel, first month opening price rose $81500 to $920, 1609 contracts 09:20 Shanghai nickel 1609 contracts to 81690 yuan, up 1110 yuan. Nickel market sentiment to return, is expected to maintain a strong trend today.
London metal exchange ( LME） 28 Aaron ni latest inventory of 374598 metric tons, less than the previous trading day 54 metric tons.
is expected: for fear of reduction of the supply of nickel ore in the Philippines, and China's shandong linyi city a nickel pig iron smelting plant was shut down for the environmental pollution, increasing nickel supply concerns, night Shanghai nickel by boosting strong, Shanghai nickel continued strong today, is expected to spot nickel rise further.
【 Nickel information 】 According to Philstart Global news translation, environment minister Gina Lopez has released a new list of mining companies, the company will accept the aboriginal wider scrutiny from Mindanao. Lopez said Mindanao aboriginal revealed the names of the eight mining company, and points out that they violated the environmental and social management regulations. Lopez said the new round of review will be beyond the requirements of traditional before, will be within the scope of social economy and so on to review mine operation. He repeated, review on the surface of the technology is not enough completely, from the social, environmental, and health and so on angles. Environmental and natural resources ( DENR) Due to publicize the result of the large and small mines review next month.