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
- 2025-08-28 SunSirs: Nickel Inventory Statistics at the London Metal Exchange and the Shanghai Futures Exchange
- 2025-08-25 SunSirs: Chinese Government Issues: Interim Measures for the Total Control and Administration of Rare Earth Mining and Smelting and Separation
- 2025-08-18 SunSirs: Domestic Nickel Prices are Expected to Fluctuate Primarily This Week
- 2025-08-11 SunSirs: Nickel Prices Was Stagnant After a Sight Increase Last Week
- 2025-07-30 SunSirs: Under the Macro Game, Nickel Prices Fluctuated in July
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