[SMM Nickel Morning Meeting Summary] The US Fed's interest rate decision was unveiled early Thursday morning, and the most-traded SHFE nickel contract plunged in the night session.

Easing Supply and High Inventories Weigh on Nickel Prices

[SMM Nickel Midday Review] On July 28, nickel prices dropped sharply. Profits of industrial enterprises above designated size nationwide grew 18.7% in the January-June period.

[SMM Nickel Midday Review] On July 29, nickel prices plunged before rebounding. The US Fed is scheduled to announce its interest rate decision at 2 a.m. Beijing time on Thursday.