The dollar rose and the nickel price fell sharply on February 13

1、 Trend analysis

 

Thiourea

According to the nickel price monitoring of the Business Society, on the 13th, the average price of nickel spot market was 214150 yuan/ton, down 4.57% from the previous trading day and up 21.48% year on year.

 

The US dollar rose, the base metal closed down, and the nickel dropped 5.83% in the next week. The Philippines is still in the rainy season, the supply shortage at the mine end is high, and the price of nickel iron is high. From the perspective of the nickel iron – stainless steel industry chain, the output of stainless steel increased in February, and the demand has warmed up. However, the problem of nickel iron reflux in Indonesia has led to loose supply and demand of nickel iron, and the inventory of stainless steel has further increased. In the new energy sector, some new energy enterprises have increased their purchase of nickel sulfate, and the supply and demand of nickel sulfate have tightened, but the news of the production of electrodeposited nickel in Qingshan has flowed out, The excess pressure of nickel sulfate was relieved. In the short term, the nickel price still maintained a broad volatility trend.