Nickel futures market in London closed at 21,145 U.S. dollars / ton yesterday, sharply down 1000 U.S. dollars than the day before yesterday. Domestic spot price was 172,000 yuan / ton yesterday. Foreign futures markets substantially declined, so domestic spot price will significantly decline in the near future. Influenced by the surplus of domestic steel market and prospects of foreign demand, domestic prices will continue fluctuate in a small scale.
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