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Home / Metal News / SMM Morning Review - 2012/6/6 Nickel Market

SMM Morning Review - 2012/6/6 Nickel Market

Jun 6, 2012 10:24

Source:SMM

LME nickel prices moved steadily upon reopening.

SHANGHAI, Jun. 6 (SMM) – LME nickel prices moved steadily upon reopening. The market dropped sharply due to lower-than-forecast US economic recovery, unclear global economic outlook and European debt crisis. On the other hand, the market will be dominated by speculations of US QE3 implementation. LME nickel prices should move between USD 15,800-16,400/mt today, and domestic spot nickel prices will rise in the afternoon, moving between RMB 118,500-123,000/mt.

LME nickel prices

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Feb 22, 2016 09:52

SMM Comments

Shanghai Spot Nickel Prices to Remain Firm (2016-2-19)

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Feb 19, 2016 09:28

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Shanghai Spot Nickel Prices to Stabilize (2016-2-4)

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Feb 4, 2016 10:46

SMM Comments

Shanghai Spot Nickel Prices to Rise (2016-1-15)

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Jan 15, 2016 10:13

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SHFE Nickel to Fall on Wait-and-See Posture (2015-12-17)

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Dec 17, 2015 10:01

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Nickel Prices to Fall as Shorts Return, SMM Says

Nickel prices on the SHFE are expected to drift lower this coming week as the shorts return, Shanghai Metals Market foresees.

Oct 30, 2015 17:00

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SMM Nickel Market Morning Review (2015-10-20)

LME nickel prices opened at USD 10,550/mt on Monday, then rose briefly but fell back, and found support from the 5-day moving average.

Oct 20, 2015 10:25

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Sep 22, 2015 10:29

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SMM Nickel Market Morning Review (2015-9-10)

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Sep 8, 2015 10:45

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