Fongming Cable: New changes in the situation of nickel prices

Views: 0     Author: Site Editor     Publish Time: 2022-03-10      Origin: Site

In terms of industry: Tsingshan Group has deployed sufficient cash for delivery; the Shanghai Futures Exchange suspended the trading of some nickel futures contracts for one day.

Yesterday, the domestic nickel price closed the daily limit for the third consecutive trading day. Therefore, the exchange suspended the trading of some nickel contracts. As Qingshan responded that there was sufficient spot delivery in the evening, the nickel contracts that had not been suspended fell to the limit in the night trading. The sharp rise in nickel prices, with the response of Qingshan, the risk of short positions eased, and nickel prices fell sharply again.

No matter how the international situation changes, we will unswervingly face it with our customers and friends. Yangzhou Fongming Cable Factory, the high temperature wire and cable expert around you.

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