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SMM Nickel Market Morning Review (2015-4-23)

iconApr 23, 2015 09:57
Source:SMM
In China’s domestic spot market, prices are expected to stabilize between RMB 93,000-95,500/mt.

SHANGHAI, Apr. 23 (SMM) – Markets are now waiting for of China’s HSBC PMI results. 

LME nickel now lacks the rising momentum following a stable dollar and technical resistance, despite of a rallying oil. 

SHFE 1507 nickel prices fell RMB 70/mt Wednesday evening, and in China’s domestic spot market, prices are expected to stabilize between RMB 93,000-95,500/mt. 

 
LME nickel prices
SHFE nickel prices
morning review

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