Pressure Tank is suitable for automatic Polishing Wax spray system, which is highly efficient, energy-saving and convenient!
saving 25% of the polishing liquid, and the high-pressure system can completely penetrate the abrasive on the grinding wheel, which can save 25% of the waste caused by the rotation of the grinding wheel
The tool of automatic polishing wax spray, instead of manual waxing, can effectively improve the polishing efficiency, save labor and raw materials, and strengthen the polishing effect.
Automatic wax spraying system dedicated pressure bucket, automatic polishing high-pressure spray gun, polishing wheel dedicated center iron Jiangmen Gude Polishing Equipment Co., Ltd , https://www.kokipolishing.com
Nickel market short-term stalemate; 20% of investors wait and see
Abstract In recent days, the spot price of major nickel markets has seen some fluctuations. In the Yangtze River market, 1# nickel is currently priced at 104,300–105,300 yuan/ton, up by 200 yuan from the previous day. The Shanghai market also reports a similar range of 104,000–105,000 yuan/ton, remaining unchanged compared to the prior day. Meanwhile, Guangdong Nonferrous reports 1# nickel at 105,300–105,300 yuan/ton, rising by 300 yuan from the last trading session. The Huatong market mirrors the Yangtze River prices, with 104,300–105,300 yuan/ton, also up by 200 yuan.
Jinchuan Group's latest electrolytic nickel prices for today show that plate-grade nickel is at 104,500 yuan/ton, while block-grade nickel is priced at 105,700 yuan/ton.
At the Wuxi Stainless Steel 14:00 Electronic Trading Center, the nickel price index contract (Ni-I) closed at 104.21 yuan/hand, up 0.04 yuan/hand from the previous day, with a total turnover of 6,403,180 hands. The price experienced a slight decline throughout the day. It opened at 104.35 yuan/hand, briefly surged to 104.55 yuan/hand, then fluctuated and dropped back to 104.39 yuan/hand. Later in the afternoon, it continued to weaken, falling as low as 104.20 yuan/hand before stabilizing and closing at 104.21 yuan/hand.
Industry News: Chile’s copper output in April declined by 1.2% year-on-year due to strikes and production issues. Boston Fed President Rosen Glenn suggested that if the job market and economy continue to improve, the Federal Reserve may "slightly" reduce its bond purchases. Uncertainty around U.S. monetary policy has led to a weaker dollar against a basket of currencies. Additionally, Indian mine workers have announced they will not conduct open-air exploration until the investigation into a recent tunnel collapse is completed.
Three-month nickel is reported at $14,800 per ton, with Thursday's closing price at $14,820.
Spot Market: Today’s spot nickel offer ranges between 104,000–105,000 yuan/ton, up by 100 yuan/ton from the previous day. Jinchuan nickel is quoted at 104,900–105,000 yuan/ton, while Russian nickel is at 103,900–104,000 yuan/ton. Inco Nickel is reported at 119,000 yuan/ton. The domestic spot nickel market remains largely stable compared to yesterday. Most investors are adopting a wait-and-see approach, struggling to predict the market direction. Some believe that nickel prices could still fall slightly, but the downside is expected to be limited, with little upward momentum. In the short term, the market appears to be in a stalemate, with many investors still waiting for a clearer bottom to form.