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预计镍价上方空间有限【机构评论】
本文由广州期货发布,对镍价走势进行分析并给出展望。
从原料角度来看,自7月起,印尼镍矿内贸价格呈缓慢小幅下调态势。基于现有情况,年内矿端有供应宽松的预期,不过需重点关注印尼针对打击非法采矿活动是否出台实际措施。而在硫酸镍方面,原料中间品的成本支撑依然存在,硫酸镍市场处于供需紧平衡状态,预计其价格将保持坚挺。
在供需层面,上周镍价下跌,促使下游入场采购氛围稍有好转,同时海内外库存均有所下降。然而从中长期视角分析,过剩逻辑依旧对镍价形成压力。例如,中国精炼镍27库社会库存减少1349吨至39937吨,降幅3.2...
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