Interest Rate Increase Didn’t Surprise Nickel Market (Dec 14th-Dec 18th)

  • Monday, December 21, 2015
  • Source:ferro-alloys.com

  • Keywords:Nickel, LME, SHFE
[Fellow][Ferro-Alloys.com] In December 17, Federal Reserve has increased the interest rate by 25 basis points, the first hike since June 2006, which means that the world-largest economy officially steps on a cycle of rate increasing.

[Ferro-Alloys.com] In December 17, Federal Reserve has increased the interest rate by 25 basis points, the first hike since June 2006, which means that the world-largest economy officially steps on a road of rate increasing.

Nickel price in London Metal Exchange closed at $8770 in December 18, which would continue to let producers down. The low price continue, it comes in many blends, but there are three common factors: that the global economy recovers slowly, that the greenback is appreciating, and that market surplus would continue to weigh on new balance.

伦敦金属交易所London Metal Exchange (LME)

日期Date

综合镍收盘价Closing Price

库存Opening Stock

12.14

8775

409014

12.15

8570

423516

12.16

8815

438474

12.17

8710

435756

12.18

8770

438546

增减额Changes

-5

+29532

上海期货交易所Shanghai Futures Exchange (SHFE)

日期Date

1#电解镍均价Average Price

12.14

68150

12.15

69300

12.16

68250

12.17

68800

12.18

68400

增减额Changes

+250

 

  • [Editor:Juan]

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