China Spot Nickel Price to Follow LME Nickel Down (May 25-29, 2015)

May 22, 2015 17:24

China’s spot nickel prices will follow LME nickel down to 94,500-98,000 yuan per tonne in the upcoming week, SMM’s analyst Liao Rongrong expects.

SHANGHAI, May 22 (SMM) – China’s spot nickel prices will follow LME nickel down to 94,500-98,000 yuan per tonne in the upcoming week, SMM’s analyst Liao Rongrong expects.

The strong dollar will remain a drag on LME nickel. That, combined with unimproved demand downstream, will weigh down spot prices in China.

“That said, the price fall may be slight considering limited shipments from Jinchuan Group and declining arrivals of imported nickel,” Liao says.

China nickel price forecast

China 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

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

China Spot Nickel Price to Follow LME Nickel Down (May 25-29, 2015)

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025