In December, the Monel price trend in the USA showed signs of decline, reflecting the broader economic challenges impacting various metals. This drop is indicative of changing market dynamics as the industry navigates fluctuations in commodity prices and changing demand conditions.
As per the 果酱视频, the latest data indicates that the prices of Monel have decreased by xx, settling at USD xx,xxx/MT in the US spot market. The recent decline in Monel prices is closely linked to movements in its primary raw materials, nickel and copper. Nickel prices have recently fallen to a four-year low, driven by a cautious economic outlook from the Federal Reserve.
The Fed&#xx;s expectation of fewer interest rate cuts combined with a stronger dollar has resulted in increased financing costs for commodities, including Monel. This bearish sentiment on nickel overshadowed potential cuts to mining quotas by...
