Metal nickel fell the most last week

Abstract Last week, Lun Nickel fell again by US$392 to US$17,057, a drop of 6.9% in three trading days, due to the sluggish domestic and international demand in the nickel market after the holiday, and the concern that the Fed may slow down or stop the quantitative easing policy in advance. The domestic nickel market atmosphere has gradually turned away, trade...
Last Wednesday, Lun Nickel fell again by $392 to $17,057, a drop of 6.9% in three trading days, due to sluggish domestic and international nickel demand after the holiday, and the concern that the Fed may slow down early or stop quantitative easing. The atmosphere of the domestic nickel market gradually turned empty, the price of traders dropped significantly by 5,000 yuan / ton, the spot Jinchuan nickel was 119000 yuan / ton, and the imported Russian nickel was 118,000 yuan / ton. Due to the large drop in nickel prices, Jinchuan Group has continuously lowered the price of nickel plate by 4,000 yuan/ton to 126,000 yuan/ton. It has not lowered the price of nickel, which has aggravated the wait-and-see mood of the merchants. The transaction was light.

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