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Demand in China to support nickel prices-The 20th China (Guangzhou)Int’l Fastener & Equipment Exhibition
9/20/2018 紧固件展-紧固件采购会-国际紧固件展-fastener expo |
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The nickel prices from London Metal Exchange (LME) kept rebounding. The three-month futures price of nickel soared to US$12,510/ton on September 19th, and the spot price also hiked to US$12,420/ton.
Meanwhile, LME’s market inventory of nickel kept flat on September 19th after it has decreased for 6 consecutive trading days, totaling 232,068 tons. The cumulative decrease in September totaled 6,714 tons.
Market participants said that China will expand its infrastructure due to the severer US-China trade war, and the optimistic demand will also lead a continuous rise in nickel prices.
紧固件展-2019第二十届广州国际紧固件及设备展览会-巨浪展览
-The 20th China (Guangzhou)Int’l Fastener & Equipment Exhibition
- Fastener exhibition,2019 Fastener exhibition, China Fastener exhibition, Guangzhou Fastener exhibition, 2019 Fastener expo, China Fastener expo, Guangzhou Fastener expo
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