Commodity News
SunSirs: The Morning Post of Nickel on November 6th
November 06 2024 14:24:25 SunSirs (John)
Due to the boost from the weakening of the US dollar before the announcement of the election results, the London metal market generally closed positive overnight, and nickel prices remained unchanged in their upward trend. The three-month nickel futures in London closed at 16,175 US dollars per ton, with an intraday increase expanding to around 1.1%.
D Domestically, the Shanghai nickel futures fluctuated and rose sharply during the night trading, once again reaching the 125,000 RMB/ton mark. The final price was 126,600 RMB/ton, with an increase of 2,510 RMB/ton or 2.02%.
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Related Information
- 2025-12-04 SunSirs: Outlook for the Nickel Industry in the 15th Five-Year Plan Period: Capacity Optimization and Green Opportunities Amid High-Quality Transformation
- 2025-12-02 SunSirs: Nickel Prices Hit a Low Under Pressure in November
- 2025-11-27 SunSirs: China's Low-Grade and Associated Mineral Resources See Significant Increase
- 2025-11-24 SunSirs: Nickel Prices Enter Downward Channel as Weakening Costs Keep Stainless Steel Under Pressure
- 2025-11-21 SunSirs: China's Nonferrous Metals Industry Output Maintains Growth in January-October
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