[Nickel]September nickel market prices would have risen?

Since June, Nickel City overall market downturn, with only small, and few transactions, the price has fallen very low, nickel, iron manufacturers are expected in August when the market will be slightly better, but from the current situation, no signs of improvement, so it looks forward to manufacturers in September in the time will get better, but most of the manufacturers for September or improved confidence, and even some manufacturers, said it should pressure losses, even businesses should goods, are not for sale.
But from the Nickel Plate situation, and outside was not very optimistic, today, the LME nickel inventories increase again after 1152 tons fell sharply. Nickel steady thereafter, but could not put the sharp rebound. Nickel closed at 28,150 US dollars, fell 52.50 2.60%. The stock has gone up dramatically, the specifications on the various aspects of the downstream looks at the empty afternoon, shortly whether stainless steel market remains stable, will determine the long-term price of nickel prices. Jinchuan Group and also put on today by the ex-factory price of 265,000 yuan / ton downward to 248,000 yuan / ton reduction from the 17,000 yuan / ton. Last week, as the price of nickel plate steady, and the businessmen that the city has fallen nickel bottom line, nickel-iron, nickel ore market some slightly active, Nickel received a number of businessmen from nickel iron manufacturers inquiry, but this week nickel plate prices began to fall after the nickel market returned to its quiet .
As we all know, at the end of 2002, China's total nickel reserves 2.5795 million tons. From the perspective of the static calculation, currently China's nickel reserves to be mined also about 40. So nickel resources are very rare and precious, and industry experts also called on the industry to save stainless steel with nickel, nickel reasonable. On the present depressed market conditions, the demand for serious than that is an indisputable fact, in the upstream and downstream sectors of supply and demand relationship and there is no change in circumstances, in September nickel City really good?
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