首页> 外文期刊>MBR Base Metals Forecaster >Nickel prices under pressure again
【24h】

Nickel prices under pressure again

机译:镍价再次承压

获取原文
获取原文并翻译 | 示例
           

摘要

Nickel prices in recent weeks have pulled back to test support from theearly July lows at $10,430/tonne, but buying appeared ahead of that levellast week with lows of $10,660/tonne. Prices are now attempting to workhigher and are tackling the $11,000/tonne level. Technical indicators onthe charts are also looking stronger so it may be that the set-up is right fora rebound. If so, we should then get a better feel for how bearish overallsentiment is by seeing how long a rally can last. Given the dominant andrelentless downward trend it does look as though sentiment is bearishoverall, but at these low price levels we have to assume that high costproducers are cutting back production – the ones most affected are likelyto be the nickel pig iron producers (NPI) in China, who may not be the mostvocal about production cutbacks to protect their stakeholders. As such,the shift to a tighter market is likely to show up in the physical marketfirst, but there is no sign of that happening yet.
机译:近几周镍价已从7月初低点10,430美元/吨回落测试支撑,但上周低点10,660美元/吨出现买盘。现在价格正在试图走高,并达到$ 11,000 / t的水平。图表上的技术指标看起来也更强,因此可能是反弹的正确选择。如果是这样,那么我们应该通过观​​察涨势能持续多长时间来更好地了解整体情绪如何。考虑到主导性且无情的下降趋势,看起来市场似乎整体看跌,但在如此低的价格水平下,我们必须假设高成本生产商正在削减产量,受影响最大的可能是中国的镍生铁生产商(NPI)。 ,他们可能不是削减生产量以保护其利益相关者的最积极手段。这样一来,向紧缩市场的转变很可能首先出现在实物市场上,但是目前还没有迹象表明这种情况发生。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号