Nickel price achieves 7 years of new low stainless steel price be expected to fall

Nickel price achieves 7 years of new low stainless steel price be expected to fall

This periodic nickel innovates again low. This Zhou Si LME period nickel (3 months) closing quotation quote is 8950 dollars / ton, relatively last week 4 decline 460 dollars / ton. LME nickel inventory continues to reduce, zhou Si is cut down reach 415452 tons, annulus comparing cuts down 3276 tons. End a Zhou Wu, 1# of bazaar of domestic merchandise on hand electroanalysises nickel quoted price is 68400 yuan / ton, relatively decline last Friday 4300 yuan / ton. Beautiful couplet store release discussed news summary suggestion to added breath apiration in December in October intense, capital is further from lower interest periodic country is poured out of, metallic quoted price has improvement hard.

Volume of import of capital of our country nickel is steep 2015 add, our country inputs ferronickel to home continuously in the project of Indonesian early days start working, supply and demand is contradictory and excellent, professional scene tolerance is low fan, disappointed air is successive, present nickel price struck our country company already completely contributive and Indonesian wait for abroad nickel project on time put into production is amounted to produce resolution.

In addition, microcosmic economy pressure still is in, our country microcosmic data is low wander highlight mean industry need is exhausted weak, production value of finished product of daily expense of domestic stainless steel is added fast continue to put delay, raw material of winter stainless steel needs ceaseless atrophy, nickel price seeks what supply and demand balances to find a ground itinerary still undertaking, bazaar air slants apparently empty, short-term difficult character profit is good.

Consume a country by the biggest metal our country needs misgive, add anticipate American year end will rise breath, send LME period nickel to drop split 9000 dollars, closing quotation every tons of 8980 dollars, dropped 125 dollars.

Nickel is stainless steel main raw material, appear this month broken bottom goes situation. Since this month, nickel merchandise on hand all valence by on ten thousand three hundred dollar goes every metric ton by the month drop to about 9, 600 dollars, every metric ton drops again even more 700 dollars. If be tasted with 300 series ,contain nickel to measure 8% estimation, what couplet of bright of stainless steel upper reaches, Tang Rong will go out at leaving at the end of this month is new dish valence fears demoting valence every metric ton 2, 000 yuan or so.

Nickel price appears since this year drop situation, just show first sight of morning for a time last month, the month goes strong as nickel price on, stand firm is in every metric ton over 10 thousand dollar, move mean filling stock, attune of Tang Rongshun free goes up in November dish valence every metric ton 1, 500 yuan, for second half of the year head see. But nickel price regain drops this month situation, in December dish valence once more be expected to fall.

If price of nickel of the last ten-day of a month still is in this month low , couplet of bright of stainless steel upper reaches, Tang Rong in December dish valence fears depreciating, strong, clear source also has indecent allow depreciate the crisis; Stainless steel access becomes steel greatly

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