The macro impact and fundamentals intertwine, and the downward trend of nickel prices remains unchanged.
- Jul 22, 2024, at 10:39 am
This week, SHFE nickel continued its downward trend, with prices down approximately 3.58% MoM. As of Friday's close, SHFE nickel prices stood at 130,170 yuan/mt. The nickel price trend this week was mainly affected by both macro and fundamental factors, with the decline widening.
