SHANGHAI, Sep. 9 (SMM) – LME nickel is expected to advance in the coming week, Shanghai Metals Market foresees.
Last week, LME nickel advanced to $10,370 per tonne, the highest since August 22., and SHFE nickel also followed up, but with smaller gains, according to SMM data.
China NPI Price to Advance, SMM Expects
In the coming week, LME nickel is expected to keep rising, with prices between $10,100-10,500 per tonne, SMM nickel analyst predicts.
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