Nickel news on January 6
Jan 06, 2023
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On January 5, LME nickel closed at $27,995 / ton, down $1,205 / ton; Inventory 55,032 tons, down 132 tons. Suppliers of high nickel iron offer price firm, the market mainstream transaction price gradually to 1400 yuan/nickel (including tax to the factory) closer; High nickel iron prices are positive, the formation of favorable support for high grade nickel ore prices, the market began to have bullish sentiment.
