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Brief introduction of LME nickel and INCO nickel quotation on January 15, 2016

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Shenzhen Mukun Trading Co., Ltd

contacts:Mr. Dong Chengming

Telephone:86 0755 89689959

Fax:86 0755 33620169

Postcode:518111

Address:No.107, building M22, South China City Hardware chemical plastic zone, Pinghu street, Longgang District, Shenzhen, Guangdong, China

Brief introduction of LME nickel and INCO nickel quotation on January 15, 2016

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  • Time of issue:2017-03-08 16:59
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Brief introduction of LME nickel and INCO nickel quotation on January 15, 2016

  Brief description of LME nickel early trading on January 15: LME nickel nickel opened at US$8,305 on the previous trading day. It rebounded strongly during the session and reached a peak of US$8,640. It finally closed at US$8625, an increase of US$355, and inventory decreased by 2736 tons to 433968. Tons, up 4.29% from the previous trading day. There were 7,629 lots traded, an increase of 1,091 lots from the previous trading day; 258,000 lots were held, a decrease of 3151 lots from the previous trading day. In the short term, there are signs of bottoming up; in the long term, it may only be a staged bottom, and it is not impossible to break below $8,000.

  On January 15th, Shenzhen Mukun Company's INCO nickel price: Canadian INCO nickel plate provisional report 83000 yuan/ton; Canadian INCO nickel angle 4*4 provisional report 84000 yuan/ton; Canadian INCO nickel corner 1*1 provisional report 86000 yuan/ton ; Canadian INCO sulfur-containing S nickel cakes temporarily reported 105,000 yuan/ton; Canadian INCO sulfur-free R nickel cakes temporarily reported 98,000 yuan/ton; Canada INCO sulfur-containing S nickel beads temporarily reported 105,000 yuan/ton; Canada INCO does not contain sulfur R Nickel beads are temporarily quoted at RMB 90,000/ton. As the price of nickel fluctuates with the LME, the above prices are for reference only.

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