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Nickel Market Situation6.22
   Hits：   UpdateTime：2010-6-23 9:58:31
Keyword：nickel
Elan Website Press：
  As the central bank announced to increase flexibility of RMB exchange rate, and U.S. stocks rose significantly in Monday morning, but U.S. stocks fell later because the euro fell. European stock markets kept going up for 9 consecutive trading days influenced by RMB exchange rate reform, reaching its highest closing price within 7 weeks.
    According to the export and import data announced Recently, base metal imports decline in May in different level. Domestic steel market witness overproduction by implementation of a series of economic control policies, which thereby affected domestic demand for base metals. Domestic metal market demand will be further reduced with the possibility for economy to slow down in the second half of 2010.
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