1、 Trend analysis

According to the nickel price monitoring of the business society, on the 1st, the spot nickel price rose slightly, with a quotation of 146333.33 yuan / ton, a slight increase of 0.21% over the previous trading day, 14.2% over the beginning of the year and 21.34% year-on-year. Today, Shanghai nickel opened at 143000 yuan, closing at 142710 yuan at the lowest, and closed at 143220 yuan at the end, down 1.28%. The trend of nickel in LME3 was stronger than that in domestic disk, and the focus was upward. At the deadline, it closed at US $19550, up 0.52%.

Recently, the nickel price fluctuated sharply. Basically, at present, the demand for nickel ore is insufficient, the price of ferronickel is high, the price of nickel fluctuates at a high level, the demand for nickel sulfate is low, and the supply and demand of downstream stainless steel are weak. Nickel is expected to maintain a broad shock trend in the short term.