SunSirs: Both Supply and Demand are Weak, Nickel Prices in the Chinese Market Fluctuate within a Narrow Range
On December 14, the spot nickel price dropped slightly, quoting 145,616.67 yuan/ton, a slight decrease of 0.31%% from the previous trading day, an increase of 13.64% from the beginning of the year, and a year-on-year increase of 9.69%. The production of high nickel matte in Indonesia has a certain impact on market sentiment. However, the continuous…
SunSirs: Both Supply and Demand are Weak, Copper Prices in the Chinese Market Fluctuate within a Narrow Range
On the 16th, copper prices rose slightly, and the spot price was 71828.33 yuan/ton, up 0.41% from the previous day. The main Asian market of Shanghai copper weakened, opening at 70,910 yuan in the morning, and finally the price weakened, reaching 70210 yuan at the lowest and closing at 70360 yuan. Copper supply and demand are…