1、 Trend analysis
According to the nickel price monitoring of the business society, on the 14th, the nickel price continued to fall, and the spot price was reported as 223416.67 yuan / ton, down 3.26% from the previous trading day and up 82.01% year-on-year.
The abnormal fluctuation of Lun nickel was questioned, which seriously deviated from the fundamentals, and LME nickel still stopped trading without reporting. The market is waiting for prices to return to rationality. For China, the domestic nickel supply is at a normal level, and has not been disturbed by overseas epidemics and geographical factors. From the perspective of the circulation of pure nickel resources, even if China raises 200000 tons of deliverable inventory, it will seriously disrupt the balance of domestic supply and demand in a short time. At present, the upstream and downstream of the industrial chain are basically in a semi stagnant state. Before the LME nickel incident is effectively resolved, the short-term nickel price is expected to be mainly short.
| Thiourea |