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Global refined nickel still destocking, nickel price is higher than others’-The 19th China (Guangzhou)Int’l Fastener & Equipment Exhibition
4/20/2018 緊固件展-緊固件采購會-國際緊固件展-fastener expo |
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According to the report, global refined nickel inventory continuously reduced, and LME nickel stocks closed to 300,000 tons.
On the other hand, Shanghai Futures Exchange nickel stock slumped to 42,900 tons. The average daily stock was at 580 tons, showing that spot market surplus became smaller and nickel price went up.
In conclusion, the demand and supply situation for refined nickel still has been a destocking, and the consumption of nickel based on new energy. Therefore, nickel price had high anti-risk capacity when compared to other metal prices.
緊固件展-2018第十九屆廣州國際緊固件及設備展覽會-巨浪展覽
-The 19th China (Guangzhou)Int’l
Fastener & Equipment Exhibition
- Fastener exhibition,2018 Fastener
exhibition, China Fastener exhibition, Guangzhou Fastener exhibition, 2018 Fastener
expo, China Fastener expo, Guangzhou Fastener expo
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