London Futures Nickel Trends
Focusing on the London Nickel Market: The recent release of data from the United States has raised expectations that the Federal Reserve may soon stop raising interest rates, leading to a decline in the US dollar and boosting the strength of non-ferrous metals. Secondly, on March 27, LME London Nickel Asian trading resumed. On April 11, the London Metal Exchange (LME) lowered the guarantee deposit for nickel from $6100/ton to $5700/ton. Effective after the close of trading on April 14, 2023, the liquidity of London Nickel is expected to improve, supported by low inventory, This week, Lunni opened low and rose high.