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SHFE Nickel rebound weak in the morning
2021-4-19


SHFE Nickel Prices on Apr 19 11:30


SHFE Nickel rebound is weak, most of the recent shock above 16000 points, the overall trend is weak. Affected by foreign news, Shanghai nickel and stainless steel futures continued to decline, steel strip shipment was weak, and continued to put pressure on the scrap stainless steel market. Manufacturers were cautious to avoid risks and lower the receiving price. At the same time, it triggered the low price mentality of the holders, and the market transaction was even deadlocked.

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