SMM Nickel Price Forecast (Aug. 29-Sept. 2)_SMM

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Home / Metal News / Nickel / SMM Nickel Price Forecast (Aug. 29-Sept. 2)

SMM Nickel Price Forecast (Aug. 29-Sept. 2)

Aug 29,2011 14:45

CST

smm insight

Source:SMM

SMM expects Shanghai nickel spot prices will hover around Jinchuan Group’s ex-works price of RMB 158,000/mt.

SHANGHAI, Aug. 29 (SMM) -- Since LME nickel prices will continue to fluctuate in the coming week, SMM expects Shanghai nickel spot prices will hover around Jinchuan Group’s ex-works price of RMB 158,000/mt. However, SMM believes that ample supply and cautious trading sentiment will keep spot nickel prices weak.

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One nickel salt company in Guangxi will commission its newly-built production line in early 2018, Shanghai Metals Market learns.

Oct 31, 2017 13:35

CST

smm insight

Jinchuan Group Lifts Nickel Price 500 yuan on Oct. 31

Jinchuan Group raised nickel ex-works price by 500 yuan per tonne on Tuesday.

Oct 31, 2017 11:16

CST

company news

Jinchuan Group Cuts Nickel Price 1,800 yuan on Oct. 27

Jinchuan Group cut nickel ex-works price by 1,800 yuan per tonne on Friday.

Oct 27, 2017 11:42

CST

company news

INSG: Global Nickel Supply Deficit Expands to 6,700 tonnes in August

The global nickel supply deficit expanded to 6,700 tonnes in August, according to The International Nickel Study Group (INSG).

Oct 18, 2017 10:57

CST

industry news

China Refined Nickel Imports to Grow in September, SMM Foresees

The profitable import window for refined nickel was open for most of second month of September, a favorable factor for imports.

Sep 29, 2017 09:35

CST

industry news

Premiums for Russian Nickel in Bonded Area Rise Rapidly

With the opening of profitable import window for several days, premiums for Russian nickel in bonded area rose rapidly.

Sep 28, 2017 13:43

CST

smm insight

SHFE Releases More Transaction Fees for Closing out Intra-day’s Positions in Ni 1801 Contract

The Shanghai Futures Exchange (SHFE) announced to further raise transaction fees for intra-day close-out of positions in Ni 1801 contract from night trading on Sept. 22.

Sep 22, 2017 17:17

CST

industry news

One Stainless Steel Mill in East China Cuts Procurement Price for High-grade NPI

One stainless steel mill in east China released the procurement price for high-grade NPI at 920 yuan per mtu for this week’s purchases, Shanghai Metals Market learns.

Sep 21, 2017 18:17

CST

smm insight

China NPI Producers Hold Back Sales on Difficulties in Sourcing Supplementary Materials

Domestic low and high-grade NPI producers meet difficulties in buying coke and coking coal, Shanghai Metals Market learns.

Sep 21, 2017 15:54

CST

smm insight

Tsingshan’s NPI Shipments from Indonesia Fall in July

Tsingshan’s NPI shipments coming from Indonesian project fell in July on a monthly basis, Shanghai Metals Market learns.

Aug 31, 2017 09:31

CST

smm insight

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