Nickel review: thin nickel ore supply prospects uncertain nickel prices higher
the futures market, crude oil rose and stocks rise boost commodity market sentiment, evening nickel sharply higher, and closed up $320, the latest closing price at $10540, up to 3. 13%; Volume 3587 of an increase of 3810 hands, holdings 263318 hand cut 2050 hands. Today Shanghai high nickel, 1701 contract main month opening price 81470 yuan rise 380 yuan, nickel 1701 09:30 Shanghai contract rose to 81880 yuan, 790 yuan. Today Shanghai nickel or strong shock.
London metal exchange ( LME） 10 Aaron ni latest inventory of 360828 metric tons, inventory increase than the previous trading day 546 metric tons.
is expected: a minister, said the Philippines will cancel, began operating in q1 nickel miners environmental permits, for the government to destroy the natural environment of the miners penalties. The Philippines nickel supply prospects uncertain to boost prices, strong today Shanghai nickel movements, nickel spot is expected to rise.
【 Nickel information 】 Global nickel prices fell 40% in 2015, at the end of the year fell to $8100 / ton, compared with 2007, top $51800 / ton. The global more than two-thirds of the nickel ore enterprises without profit. In 2015, new caledonia nickel industry losses of $1 billion. As the global decline in prices, the shadow of unemployment is mining and smelting industry, new caledonia. This method belongs to the Pacific island, a population of only 280000, is the world's fifth largest nickel producer.