Newsletter summary

The operating range of Shanghai Nickel is expected to be 130000-150000 yuan / ton.NftgamesfreetoplayplaytoearnLunni is between 17000 and 20000 US dollars per ton.NftgamesfreetoplayplaytoearnDemand gradually recovers, but supply is hindered. In the short term, it is affected by macro factors, so pay attention to the progress of RKAB signing in Indonesia. Risk factors include expectations of Fed interest rate cuts, growth in demand for new energy vehicles and policy changes in Indonesia.

Text of news flash

[Shanghai Nickel and Lun Nickel Price range Operation Strategy] in terms of operating range, the price of Shanghai Nickel is in the range of 130000-150000 yuan / ton, while the price of Lunni is in the range of 17000-20000 US dollars / ton. According to the analysis, the demand side is driven by profit, and the output of stainless steel has increased, but the growth rate is limited. The output of ternary materials continues to increase, and is expected to maintain the growth trend. The demand for alloy and electroplating remains stable. On the supply side, Indonesia's RKAB has not yet been approved, but pure nickel production is still high. In terms of inventory, the trend of accumulation continues. Overall, the market is still worried about excess supply and demand, but it is greatly affected by macro factors in the short term, and price fluctuations may be synchronized with the price of non-ferrous metals. Investors need to keep an eye on the progress of Indonesia's RKAB signing, as well as risk factors that may affect the market, including changes in Fed interest rate cut expectations, growth in demand for new energy vehicles, and changes in Indonesia's RKAB approval.