1、 Trend analysis
According to the nickel price monitoring of the business society, on the 9th, the nickel price fell slightly. The spot nickel quotation was 141766.67 yuan / ton, down 2.76% from the previous trading day, up 10.64% from the beginning of the year and up 23.6% year-on-year.
Macroscopically, the strong non-agricultural data stimulated the intraday surge of the US dollar index, closing up 0.55%, putting great pressure on the metal market, and the metal fell across the board. In terms of supply, the supply of nickel ore in the Philippines has recovered recently, and the tight supply situation has eased slightly. Downstream, the spot purchase of stainless steel is relatively light, the market is slightly cautious, and the stainless steel inventory has picked up, which makes the uncertainty of stainless steel price still strong.
Forecast: spot nickel is expected to remain high and volatile in the short term.
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