Nickel prices have risen for five consecutive years, benefiting from macro benefits and cost support [SMM Commentary]
- Mar 13, 2024, at 6:31 pm
- SMM
SMM, March 13: With the support of macro benefits and fundamental costs, Shanghai nickel has continued to rise recently, reaching a new high of 142,860 yuan/ton since November 7, 2023, up 1.25% as of the day, and has been red for five consecutive days. London nickel today hit a new high of 18,590 yuan/ton since October 30, 2023, down 0.25% as of 15:33.