SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / SMM Nickel Market Morning Review (2014-3-11)

SMM Nickel Market Morning Review (2014-3-11)

iconMar 11, 2014 09:38
LME nickel prices opened at USD 15,140/mt overnight, with the high end of the price range USD 15,475/mt, and finding support at USD 14,830/mt.

SHANGHAI, Mar. 11 (SMM) - LME nickel prices opened at USD 15,140/mt overnight, with the high end of the price range USD 15,475/mt, and finding support at USD 14,830/mt. Finally, LME nickel prices closed at USD 15,470/mt, up USD 206/mt from the previous trading day. Trading volumes decreased by 2,058 lots, to 7,062 lots, and total positions increased by 9,822 lots to 186,869 lots. Inventories grew by 576 mt, to 271,200 mt.

LME nickel prices inched down after opening, dipping to as low as USD 14,830/mt at one point. During European and US trading hours, LME nickel prices rallied to USD 15,000/mt, and finally closing at USD 15,470/mt. Most investors outside China were optimistic, with total positions increasing to 186,869 lots.

LME nickel prices are expected to meet resistance at USD 15,500/mt today, and spot nickel prices in Shanghai will hover between RMB 94,200-95,200/mt.
 

LME nickel prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All
MOST POPULAR
1.NEV Magnet Wire Industry Opportunity Discovery
2.Copper Substitution Market Study-Consumer Durables
3.Copper Substitution Market Study-Construction
4.Copper Substitution Market Study-Power Distribution
5.Copper Substitution Market Study-Power Transmission
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.