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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.

倫敦金屬交易所London Metal Exchange (LME)

日期Date

綜合鎳收盤價(jià)Closing Price

庫存Opening Stock

12.14

8775

409014

12.15

8570

423516

12.16

8815

438474

12.17

8710

435756

12.18

8770

438546

增減額Changes

-5

+29532

上海期貨交易所Shanghai Futures Exchange (SHFE)

日期Date

1#電解鎳均價(jià)Average Price

12.14

68150

12.15

69300

12.16

68250

12.17

68800

12.18

68400

增減額Changes

+250

 

  • [Editor:Juan]

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