Nell'anno 2022, tra il 7 e l'8 marzo, il prezzo del contratto di nichel del London Metal Exchange (di seguito denominato LME "Nickel") ha subito un'impennata continua, con un aumento totale fino a 248%, toccando una volta il massimo storico di $100.000/tonnellata, diventando il "Demone Nickel" che stava seriamente volando via dai fondamentali. Nel pomeriggio dell'8 marzo, il sito web dell'LME ha reso nota la sospensione delle contrattazioni di nichel e in serata ha annunciato il rinvio della consegna di tutti i contratti spot di nichel previsti per il 9 marzo.
Behind LME “Demon Nickel”, the futures circle rumors that the nickel production giant QingShan Group has a large short position of LME nickel ( QingShan Group sold about 200,000 tons of Electrolytic nickel futures ). And Russia is the largest reserve country of electrolytic nickel. After the outbreak of the Russia-Ukraine war, the market worry about the supply of electrolytic nickel, which caused the futures speculation operation from the financial capital market.
The international capital giant-Glencore catched this market opportunity and madly bought the nickel inventory in the market to drive up the nickel price, to hunt and kill QingShan’s large short position of Nickel, intends to get huge profits and force QingShan to sell its controlling stake of the Nickel mine in Indonesia.
Nickel is an important component of stainless steel, so the nickel price will affect the price of raw material stainless steel, the relevant industry market are concerning about the “Demon Nickel” market direction.
Our company is also concerning about the fate of QingShan Group, because our company is the qualified supplier of QingShan Group, supply the mining intelligent pressure transmitter.