Ccmn Shanghai Nickel trend: after midday today, Shanghai Nickel swings slightly and fluctuates narrowly.JungleJackpotJamboreeThe main monthly contract of nickel in Shanghai opened at 145800 yuan / ton, the highest was 146800 yuan / ton, the lowest price was 143410 yuan / ton, and the closing price was 144170 yuan / ton, down 20% or 0%.JungleJackpotJamboree.01%, Shanghai Nickel's main monthly 2406 main contract turnover is 221659 lots.
According to the statistics of Changjiang Nonferrous Genus Network: on May 7th, the price of ccmn Changjiang comprehensive nickel was 143650-146350 tons, the average price was 145000 yuan / ton, up 1000 yuan, the spot price of Changjiang nickel was 144150-145950 yuan / ton, the average price was 145050 yuan / ton, up 950, Guangdong spot nickel price was 146100-146500 yuan / ton, the average price was 146300 yuan / ton, up 1, 000 yuan.
Ccmn Nickel City Analysis: from a macro perspective, the release of US non-farm data shows that non-farm payrolls increased by 17% after the quarterly adjustment in April.JungleJackpotJamboree.50, 000, expected to increase by 243000, the previous value increased to 303000, much lower than market expectations. After the release of the data, the volatility of the US dollar index weakened. In addition, the US ISM manufacturing PMI data fell back to the contraction range in April. A series of recent data releases have raised market expectations of Fed interest rate cuts.JungleJackpotJamboreeIn terms of pure nickel, the overall purchasing sentiment is weak due to the inhibition of high prices. In terms of nickel sulfate, supply and demand continue to be tight, and the price of nickel sulfate rises slightly. Under the production reduction of domestic iron mills and the disturbance of RKAB in Indonesia, the price of ferronickel continues to remain high, and the end support of raw material costs temporarily stabilizes. Today, spot with the rise of nickel prices restrain spot transaction activity, some businesses maintain a wait-and-see situation, operation strategy: short-term bargain rigid demand to buy. It is advisable to wait and see for the time being. It is expected that the short-term nickel price is mainly weak and volatile. This point of view is for reference only, not as a trading guide (Changjiang Nonferrous Metal net www.ccmn.cn)