What are the reasons for the decline in nickel mesh prices?

1. Oversupply: Overproduction of nickel mesh leads to excessive market supply, causing prices to fall.

2. Decreased demand: Declining global market demand or the emergence of alternative products leads to a decrease in demand for nickel mesh, and prices fall accordingly.

3. Macroeconomic issues: Factors such as economic downturn, inflation or political instability may cause nickel mesh prices to fall.

4. Exchange rate fluctuations: Exchange rate fluctuations may lead to changes in export and import costs, which in turn affect nickel mesh prices.

5. Raw material price changes: Fluctuations in the prices of raw materials required for nickel mesh production will also indirectly affect its prices.

6. Market expectations: Uncertain expectations about future supply and demand relationships, industry development trends and policy changes will affect market participants' demand for and pricing of nickel mesh.

7. Technological progress: The emergence of new technologies and new materials may reduce the production costs of nickel mesh, leading to price declines.