Nickel Price - February and March

After Chinese New Year, there was a sharp but temporary lift in Nickel Price, by around 15%, hitting the highest point at USD18160/MT in March. However, apart from keeping increasing, the Nickel Price began falling. The latest updated of Nickel Price standed at USD16525/MT by the end of March. The short-lived fluctuation is anticipated to have minimal impact on the current market.