Views: 0 Author: Ruiyang company Publish Time: 2022-03-08 Origin: stainless steel pipe supplier Ruiyang
Nickle price crazy,Nickel spikes 60%: Heres why that matters and who will be hit?Nickel soared past an unprecedented $100,000 a ton on the London Metal Exchange amid a huge short squeeze for the last 35 years,much higher than 2007 globe crisis
Dated March 8,2022, with yesterday's London Metal Exchange (LME) nickel once pulled up 88%, about the domestic Qingshan Group holding nickel short futures contract was forced to spread rumors. Short market continued to be staged, LME nickel price increased to 80%, even broke 60 thousand, 70 thousand, 80 thousand, 90 thousand, 100 thousand dollar mark, two trading days up 210%, a new record high
Nickel prices jumped 30% to near 15-year highs and aluminum climbed to a record above $4 000/t as fears of major disruptions to supplies due to financial sanctions on Russia fuelled a buying frenzy.
Hope the world could full of peace and economy could be stable and with less affected along with the impact of speculative capital
Ruiyang company supply kinds of stainless steel pipes and bars,hope later the nickel price could be down and stable and when you need our products,please contact us for inquiry,let is hand in hand step by step together to all of our clients.