Current status of nickel alloy market
Price trend
According to the latest market data, the price of nickel has shown a certain degree of volatility recently. Taking data from the Yangtze River Nonferrous Metals Network as an example, in June 2024, the price trend of Yangtze spot 1# nickel showed a "decreasing" weak shock, with the monthly average price recording 139,500 yuan/ton (a total of 19 days of trading in June). The monthly average price of No. 1 nickel in the Shanghai market recorded 139,426.32 yuan/ton (a total of 19 trading days in June). This price trend reflects changes in market supply and demand and the impact of the macroeconomic environment.
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