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[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] Nickel’s low price in London Metal Exchange (LME) stayed at 8,500-9,000USD/T and in Shanghai Futures Exchange (SHFE) priced at 65,000-70,000USD/T which performs pretty stable before the coming interest rate hike in America. Since November 2...

[Ferro-Alloys.com]After experiencing a crazy tide of short sells, nickel market tends to be stabilized in the near term. In November 30th, LME nickel delivered in three months closed at 8855 dollars per tone with opening stock at 408360 tones; In December 1st,...

China’s Largest Nickel Producers United to Cut Output

Latest Nickel Prices to Come in 2016

[Ferro-Alloys.com] Since early November, nickel contract for three month, a kind of strong financial metal, experienced an almost 20 days slip when China’s demand remained weak coupled with the greenback to hike its interest rates. Particularly in November 23...

[Ferro-Alloys.com] Nickel price fluctuated sharply when short sellers shorted nickel stocks. In November 23, London nickel price closed at 8205 dollars, a decrease of 5.25 percent. In November 24, London nickel price closed at 8790 dollars, an increase of 7.13...

[Ferro-Alloys.com] Last week, LME nickel price continued to loss further. In November 19, London nickel price closed at 8950USD, meaning that the 8000+ new period is beginning. Since October 28, nickel market experienced a continuous downturn and end up with 1...