Nickel prices continue to be low, with Indonesia claiming to be controlling production capacity to balance market supply and demand.
Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia stated on Friday (October 18) local time that the country is controlling the amount of nickel ore produced by its mining companies to balance market supply and demand.
Timeless Capital Announces Private Placement Financing
Tesla's Robotaxi is about to debut, analyzing the core beneficiary symbols.
Tesla will hold the Robotaxi autonomous driving taxi unveiling event on October 11th Beijing time.
Hurting others does not benefit oneself! Biden plans to ban china's internet-connected car software and hardware. US Department of Commerce: may cause a decline in US auto sales.
The data from the U.S. Department of Commerce shows that if the proposed restrictions on China's networked vehicle software and hardware, as well as related regulations on complete vehicles, are implemented, U.S. auto sales could decrease by up to 25,841 vehicles per year, while car prices may increase, further raising the cost of living for American consumers.
Stimulus expectations are realized! The Hong Kong stock market's non-ferrous sector is rising, and domestic copper prices have reached a nearly two-month high.
①Hong Kong-listed sector rose in the non-ferrous sector, which stocks are most favored by funds? ②Domestic copper prices have risen to a near two-month high, what signal?
"Buy more as it falls!" Traders take advantage of the price drop to stock up, and the nickel industry may enter a phase of bottoming out | New cycle of csi commodity equity index
1. Some traders have indicated that the nickel price has already dropped to the psychological bottom range, and they are beginning to stock up on low stock price; 2. Currently, high-cost nickel production capacity is gradually being cleared out globally; 3. The future nickel price has limited downside potential, and may experience a phase of bottoming out.