According to Yang Xiaowu, deputy general manager of SDIC Anxin Futures, at present, it is generally believed that it is irrational for nickel prices to continue to rise. "In view of the current domestic and international nickel market price difference, it is not surprising that Lun Nickel opened down by 5% to the down limit." In his view, derivatives markets such as futures and options are all based on the extension of the spot market. The recent spot market price of nickel will inevitably have a certain impact on the trend of nickel after the resumption of trading. At present, the industry has a strong wait-and-see mood, and there is still some room for nickel to fall in a short time.
Lennox Power is quoted on the London Futures Exchange (but there is a trading time limit), which is different from Lennox Power (electronic disk quotes 24 hours).