【SMM Analysis】Weekly Review of Indonesian Nickel Market - Jan 9
MOMS Delays and West Monsoon Slow Down Supply; HPM Sees Slight Dip Amid Policy Uncertainty
The prices of far-month contracts are, to some extent, determined by market expectations regarding future supply-demand dynamics and price trends, hence differing from spot prices. In contrast, as near-month contracts approach delivery, they are increasingly influenced by actual supply-demand conditions in the spot market, ultimately exhibiting a convergence characteristic where futures and spot prices align.
[SMM Analysis]ADC12 Price Soars to a Multi-Year High After New Year's Day, While Market Activity Declines