Nickel prices soared on the 11th, traders cautiously wait and see

ccmn Shanghai nickel trend: today Shanghai nickel hit the daily limit, and then recovered part of the increase. The Shanghai nickel main month 2102 contract opened at 124370 yuan/ton, the highest intraday was 130880 yuan/ton, the lowest was 124170 yuan/ton, and the settlement price was 128820 yuan. , Closing at 129,250 yuan / ton, up 5770 yuan, or 4.67%; today, the main contract of Shanghai Nickel 2102 traded 13,26024 hands, an increase of 378,292 hands, and open interest increased by 13,924 hands to 171,393 hands. The turnover of all Shanghai nickel contracts increased by 435,556 hands to 15,52324 hands, and open interest increased by 17,244 hands to 347,804 hands. At 15:00 Beijing time, the latest price of Lun Nickel reported US$17,375, down US$25.

     According to the statistics of Changjiang Nonferrous Metals Network: On December 11, the price of ccmn Changjiang Nonferrous Metal 1# nickel reported 129,300-131400 yuan/ton, the average price was 130,350 yuan/ton, an increase of 6,150 yuan, and the price of Huatong spot 1# nickel reported 129050-131050 yuan. , The average price was 13,050 yuan/ton, an increase of 5825 yuan, Guangdong spot nickel reported 135,300-135,700 yuan/ton, and the average price was 135,500 yuan/ton, an increase of 9,000 yuan. Today, the ex-factory price of Jinchuan's massive Jinchuan nickel was reported at 130,000 yuan/ton, an increase of 4,500 yuan from the previous trading day. The price of spot nickel in the domestic market today is between 129000-135700 yuan per ton.

     Analysis of the ccmn nickel market: The domestic spot nickel price rose sharply today. Due to the sharp rise in the price, most of the downstream remained cautious and wait-and-see. Trading among traders was restricted, the market performance was generally flat, and the spot market had very few transactions.