Nickel prices rose sharply in February, and continued to accumulate inventory, putting pressure on nickel prices in late March [SMM analysis]

mars 20, 2024, at 6:01 pm
SMM

In February, nickel prices surged significantly, with Shanghai nickel futures experiencing a trend of fluctuating upward pressure, driven by factors such as a decline in the US dollar, favorable domestic policies, and tightening supply due to slow approval of Indonesian nickel ore quotas.

ARTICLE PRÉCÉDENT
SMM • il y a 8 mois
LiCarbonate Daily - March 20th Insights
ARTICLE SUIVANT
SMM • il y a 8 mois
The wait-and-see tendency of the long and short sides is gradually rising, and the SS contract is under pressure and fluctuates downward [SMM stainless steel futures daily review]

Nickel prices rose sharply in February, and continued to accumulate inventory, putting pressure on nickel prices in late March [SMM analysis]

LiCarbonate Daily - March 20th Insights

The wait-and-see tendency of the long and short sides is gradually rising, and the SS contract is under pressure and fluctuates downward [SMM stainless steel futures daily review]