SHANGHAI, Dec. 23 (SMM) – Crude oil prices hovered at lows. LME nickel should stabilize today.
See forecast for other base metals, please click: LME Market to See Light Trading ahead of Christmas Holiday, SMM Says
SHFE 1605 nickel prices are expected to move between RMB 69,500-71,000/mt today. Downstream buyers will purchase as needed, and Shanghai spot nickel should fall to RMB 67,700-69,700/mt.
Key Macroeconomic Indicators for Base Metal Prices (2015-12-23)
![구리 가격, 관세 기대감 약화로 사상 최고치 경신 후 급락하며 공급 부족 거래 붕괴 [SMM 매크로 주간 리뷰]](https://imgqn.smm.cn/usercenter/oeWiG20251217171714.jpeg)


