Nickel review: the fall in the dollar for the nickel recovery
the futures market: for the fed to raise interest rates expected to weaken the dollar, the dollar index fell for basic metals prices, 2 for the overnight leave high to go high nickel, and closed up $155 to $10450, up to 1. 51%; 6439 hands, open 270179 an increase of 1309 hands. Today Shanghai low nickel, first month 1701 opening price 81310 yuan down 120 yuan, nickel 09:20 Shanghai 1701 contract fell 40 yuan to 81390 yuan. Nickel attention late U. S. CPI inflation data, today's Shanghai is expected to continue consolidation trend.
London metal exchange ( LME） 15, Aaron ni latest inventory of 369048 metric tons, less than the previous trading day 174 metric tons.
is expected: the United States on August the NAHB housing market index in line with expectations that the housing market keep rising momentum, the market risk preference have rebounded, nickel declines paused in Shanghai today, but the market is still a lack of good, today's spot nickel or co. , LTD.
【 Nickel information 】 The Philippine DMCI said Monday the company laid off hundreds of workers, nickel project and suspend production capacity plan, because the government's crackdown on mining of nickel ore business losses. DMC veron nickel industry ( Berong镍集团) 300 seasonal workers will be laid off in the next few weeks, Zambales Diversified Metals Corp has fired more than 100 workers, the company disclosed to the Philippine stock exchange. DMCI said in the first half of 2016 due to nickel ore prices remain low, sales have fallen 25% nickel mines, pause for nickel ore mining, in the second half of 2016 will face more serious influence. “ Earlier this year, we plan to increase production. But now plans to suspend, we have no choice, can only be postponed all, & throughout; DMCI Mining Corp 主席 Cesar Simbulan Jr. Said.