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Nickel review: the Philippines or shutting down more mines nickel prices rise in vibration

by:Deyuan      2020-12-23
【 Abstract 】 Dollars back support base metals prices, overnight leave high to go high nickel ended up 4. 47% to return to the above, the Philippines could shut down the news of the mine lift more nickel prices, is expected today is nickel.

the futures market, the dollar weak before the fed meeting tonight, night strong basic metal, Aaron leave high to go high nickel late-day rally $435 to $10160, with 4. 47% led a rally in base metals; Volume 7732, holdings 261419 hand cut 50 hands. Shanghai nickel on main 1701 contract today opening price 79100 yuan rise 180 yuan, nickel 09:30 Shanghai contract to 79930 rose $1701 to $1010. Nickel is expected today Shanghai strong direction.

London metal exchange ( LME) 19 Aaron ni latest inventory of 366858 metric tons, less than the previous trading day 108 metric tons.

is expected: the Philippines again shut down more mines, the environment and natural resources minister said it would shut down at least 10 mines further, a move that will threat and nickel mines, half of the country's operating, message to boost short-term nickel, nickel spot today or rise in vibration.

【 Nickel information 】 The environment and natural resources ( DENR) Plan on Thursday ( On September 22) Large mining companies, mining review published results is committed to the government's important work priority on the agenda. Inspection results to generate more mining companies to suspend operations, environment minister ( 环境部长) Regina Lopez listing or suspended mining company will further increase.
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