China News Service, March 8 (Xinhua) In response to the surge in nickel prices on the London Metal Exchange (LME) in the past two days, many listed companies responded on the interactive platform.
GEM said that the surge in nickel futures prices will not have a negative impact on the company, and the rise in short-term and medium-to-long-term nickel resources within a reasonable range will have a positive effect on the company's performance growth.
Zhongjin Lingnan said that the company's Canbeishan project in Dominica has a total of 92,400 tons of nickel metal, which has not yet been mined.
Zhongzhou Special Materials said that the company's product sales pricing mainly adopts the cost-plus method, and the product sales price will be adjusted in time according to the price of main raw materials, but there is also a certain lag.
The surge in nickel metal prices will have a certain impact on the company's revenue.
Tin Industry Co., Ltd. said that the company has considered the capital risks caused by factors such as open interest and price fluctuations in its value preservation strategy, and has formulated corresponding measures.
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