20230507-国信期货-有色（镍）周报_海外宏观不定_沪镍冲高回落_25页_6mb

Nickel prices experienced significant volatility, rising and falling in response to macroeconomic uncertainties and low inventory levels.

Fundamental factors showed weak supply due to low nickel mineral exports and imports, but demand remained cautious with limited restocking by downstream industries like stainless steel and reduced activity in the energy sector.

Future outlook indicates short-term volatility with expected support from low inventories, potential for range-bound movement, and recommendations for short-term trading with risk focus on inventory conditions.