Poor nickel review: stainless steel demand outlook limited nickel prices upward
the futures market: due to recent data show that corporate investment, residents' consumption, construction spending and trade in goods have obvious growth, America's economy by the support of recovery in the first quarter, base metals get support on Friday, Aaron nickel closed up $35 to $8385, or 0. 42%; Today Shanghai high nickel, 1606 contracts in the current month opening price 66350 yuan rise 370 yuan, nickel 09:20 Shanghai 1606 contracts to 65920 yuan, down 60 yuan. Worries about the federal reserve to raise interest rates further upgrade, metal prices remain under pressure, nickel material today Shanghai consolidation is given priority to.
London metal exchange ( LME） 27 Aaron ni latest inventory of 402744 metric tons, 1848 metric tons more than the previous session.
: is expected to improve in the second quarter of the U. S. economy, the federal reserve to raise interest rates expected to rise, the dollar index rebounded sharply limit prices further upside; Domestic stainless steel company orders declined obviously, nickel market demand outlook, although traders to a large number of shipments, but downstream demand slows, clinch a deal have fallen sharply, Shanghai nickel or continuation of consolidation this week, is expected to spot nickel or limited today.