Due to the boost from China's economic stimulus measures, the London metal market closed higher overnight, and nickel prices broke free from the downward trend
Thanks to the significant interest rate cuts by the Federal Reserve, the London metal market closed up again overnight, with some varieties hitting two month
Price trend
According to the monitoring of nickel prices by SunSirs, nickel prices rebounded slightly this week (9.10-9.18). On September 11th, nickel prices dropped
Due to market attention to US inflation data and expectations of domestic economic stimulus measures, the overnight decline in the London metal market slowed down,
Due to mixed employment data in the United States and the slowdown in manufacturing activity in China, the world's top metal consumer, concerns about global
Due to the strengthening of the US dollar exchange rate and lingering concerns about Chinese demand, funds and producers have sold off, dragging down the
After the overnight London market holiday, the market reopened, continuing to be boosted by expectations of an upcoming interest rate cut by the Federal Reserve
Affected by the surge in inventory and concerns about demand, most varieties in the London metal market fluctuated and closed lower overnight. London three-month nickel
According to the Indonesian national news agency ANTARA, the Geological Department of the Ministry of Energy and Mineral Resources (ESDM) has stated that despite many
Due to the strengthening of expectations of interest rate cuts in the US employment data, some metal varieties followed the copper price fluctuations and closed
Due to continued basic selling and inventory growth, most varieties in the London metal market fell again overnight, led by copper prices, while nickel prices
Due to the strengthening of the US dollar and concerns about the demand from the top consumer country, the London metal market remained volatile overnight
Due to the impact of oversupply and weak demand, the London metal market experienced another overall decline last weekend led by copper prices, and nickel
The strengthening of the US dollar once again had made commodities priced in US dollars more expensive for buyers using other currencies, dragging down the