Shouchuang Futures: Market Panic, Nickel Prices Plummet

2026-04-12 21:50:36

Market panic sentiment is intensifying, and non-ferrous metals are broadly declining. Today, nickel prices briefly fell below 130k, a drop of over 4%, with only a slight rebound at the close. However, it is worth noting that due to Indonesia tightening nickel ore supply, current nickel ore prices are experiencing a significant increase, and nickel pig iron prices are also rising steadily. The cost support below is relatively strong, and the potential for further downward adjustment in nickel prices may be limited. (First Capital Futures)

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