Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / SMM Nickel Market Morning Review (2014-10-28)

SMM Nickel Market Morning Review (2014-10-28)

Oct 28, 2014 09:30

Source:SMM

LME nickel prices overnight opened at USD 14,950/mt, then rallied to USD 15,000/mt but inched down later to USD 14,920-14,970/mt, with trading quiet during Asian trading hours.

SHANGHAI, Oct. 28 (SMM) – LME nickel prices overnight opened at USD 14,950/mt, then rallied to USD 15,000/mt but inched down later to USD 14,920-14,970/mt, with trading quiet during Asian trading hours. During European trading hours, LME nickel prices dipped to USD 14,733/mt, and closing at USD 14,700/mt, down 1.67%. Trading volumes increased 1,101 to 3,889 lots, and total positions were down 618 to 208,225 lots. The opening of LME trading is delayed to 9:00 am.

LME nickel prices are expected to fall below RMB 14,500/mt today, and spot nickel prices in Shanghai will drop below RMB 100,000/mt.

nickel prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

30,000 mt/year (Ni Content) New Capacity of High Nickel Matte to be Added, Bearish on Nickel Prices

Zhongwei shares issued an announcement last night that, in view of the company's continued optimism in the high nickel matte recovered from nickel laterite smelting, its wholly-owned subsidiary Zhongwei Hong Kong New Energy reached a supplementary agreement with RIGQUEZA to make additional investments in the joint venture PT.ZhongTsing New Energy. The two parties agreed to build a new laterite smelting project in Indonesia (Phase II) with an annual production capacity of 30,000 m of high nickel matte in metal content on top of Phase I project.

time

Nov 11, 2021 15:55

30,000 mt/year (Ni Content) New Capacity of High Nickel Matte to be Added, Bearish on Nickel Prices

Severe Supply Tightness of NPI Sent Nickel Prices to Record High

The current tightness of NPI, coupled with the upward trend in cost-end prices (mainly rising electricity prices) and the reduction in NPI output caused by power rationing, has made the problem of NPI shortage more difficult to solve.

time

Oct 25, 2021 13:55

Severe Supply Tightness of NPI Sent Nickel Prices to Record High

SHFE Nickel Strengthens (2017-3-31)

SHFE 1709 nickel started at RMB 84,370/mt and closed at RMB 84,860/mt, up RMB 590/mt or 0.70%.

time

Mar 31, 2017 19:52

SHFE Nickel Strengthens (2017-3-31)

SHFE Nickel to Finish Higher (2017-3-29)

LME nickel will fluctuate at around USD 10,000/mt and SHFE 1705 nickel will fluctuate between RMB 81,900-83,500/mt.

time

Mar 29, 2017 09:53

SHFE Nickel to Finish Higher (2017-3-29)

SHFE Nickel Finishes Lower (2017-3-28)

SHFE 1705 nickel started at RMB 81,280/mt and closed at RMB 80,930/mt.

time

Mar 28, 2017 17:44

SHFE Nickel Finishes Lower (2017-3-28)

China Nickel Ore Imports Grow in February on Supply of Indonesian Ore, SMM Reports

Inbound shipments of nickel ore to China were 1.09 million tonnes in February, up both on a monthly and yearly basis, according to China Customs.

time

Mar 28, 2017 10:12

SMM Insight Industry

China Nickel Ore Imports Grow in February on Supply of Indonesian Ore, SMM Reports

SHFE Nickel to Stay Firm (2017-3-6)

LME nickel will find support at the 10-day moving average on Monday and SHFE 1705 nickel will move at RMB 90,500-91,900/mt.

time

Mar 6, 2017 09:54

SHFE Nickel to Stay Firm (2017-3-6)

China Sees Nickel Ore Inventory Declines Narrowing, SMM Reports

Nickel ore inventories at seven major Chinese ports dropped at a slower pace last week after a big decline in the week ending February 24, Shanghai Metals Market reported.

time

Mar 6, 2017 09:20

SMM Insight Industry

China Sees Nickel Ore Inventory Declines Narrowing, SMM Reports

SHFE Nickel Prices Up 2.05% (2017-2-27)

SHFE 1705 nickel opened at RMB 90,410/mt and ended at RMB 90,700/mt, up 2.05%.

time

Feb 27, 2017 18:34

SHFE Nickel Prices Up 2.05% (2017-2-27)

SHFE Nickel to Finish with Losses (2017-2-24)

SHFE 1705 nickel will keep falling in Friday with weakening falling strength and LME nickel will test support at the 20-day moving average.

time

Feb 24, 2017 09:46

SHFE Nickel to Finish with Losses (2017-2-24)

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles

2.Aluminum Wire Supplier Screening

3.Cost Analysis Of AL Extrusion For Target Units

4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)

5.Optimization Of Purchasing Cost For Casting Alloys

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

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 © 2024 SMM Information & Technology Co., Ltd. All rights reserved.