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LME Nickel to Strengthen (2017-2-27)
Feb 27, 2017 09:43Source:SMM
LME nickel will strengthen on Monday and SHFE 1705 nickel will trade at RMB 90,000-91,000/mt.
SHANGHAI, Feb. 27 (SMM) – Demand is modest in nickel’s market. There is no negative news released from Indonesia’s export policy on nickel ore yet. LME nickel will strengthen on Monday and SHFE 1705 nickel will trade at RMB 90,000-91,000/mt.
In China’s domestic market, spot nickel should trade at RMB 89,300-90,300/mt on Monday.
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