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China’s nickel prices rebound strongly in recent 2 days

27 Mar 2020 16:37 reported by Jordan Huang

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According to the market, the current global economy was quite weak due to the virus expansion, and that also caused the US Dollar to depreciate.

However, the nickel prices had been benefited by the depreciating of the US Dollar, the prices increased by nearly 0.5% in a day on March 25th.

Stimulated by that, the nickel prices in China also faced an increase in these 2 days, with an increasing range of RMB 500/ton.

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Metal Price Index

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LME Official Bid Price

  • Zinc
  • 1,918.50
  • 1,916.00
  • Aluminum
  • 1,500.50
  • 1,524.00
  • Copper
  • 5,278.50
  • 5,306.50
  • Nickel
  • 12,133.00
  • 12,200.00

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Coil Exchange Center

  • 2B Coil-Jun
  • 2,220
  • 2,080
  • NO1 Coil-Jun
  • 2,190
  • 2,050
  • 2B Coil-Jun
  • 2,220
  • 2,080
  • NO1 Coil-Jun
  • 2,190
  • 2,050

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