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

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

May 22, 2015 17:24

Source: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.

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

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Jinchuan Group raised ex-works prices of nickel to 101,000 yuan per tonne on Jun. 9, Shanghai Metals Market learns.

Jun 9, 2015 16:46

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Jinchuan Group Cuts Nickel Prices to 99,000 yuan on Jun. 4

Jinchuan Group reduced ex-works prices of nickel to 99,000 yuan per tonne on Jun. 4, Shanghai Metals Market learns.

Jun 4, 2015 16:59

Reminder

SMM Nickel Market Daily Review (2015-3-16)

SMM #1 refined nickel prices were RMB 104,200-105,000/mt on Monday.

Mar 17, 2015 11:23

SMM Comments

Jinchuan Group Raises Nickel Prices to 105,000 yuan on Mar. 16

Jinchuan Group raised nickel ex-works prices to 105,000 yuan per tonne on Mar. 16, up 500 yuan, Shanghai Metals Market learns.

Mar 17, 2015 10:40

Reminder

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SMM Comments

SMM Nickel Market Morning Review (2015-2-26)

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Feb 26, 2015 09:46

SMM Comments

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Feb 10, 2015 10:22

SMM Comments

Jinchuan Group Cuts Nickel Prices to 108,000 yuan on Feb. 5, down 2,000 yuan

Jinchuan Group cut nickel ex-works prices to 108,000 yuan per tonne on Feb. 5, Shanghai Metals Market learns.

Feb 5, 2015 13:22

Reminder

Jinchuan Group Cuts Nickel Prices 1,000 yuan to 107,500 yuan on Jan. 20

Jinchuan Group cut nickel ex-works prices to 107,500 yuan per tonne on January 20, Shanghai Metals Market learns.

Jan 20, 2015 14:14

Reminder

Jinchuan Group Raises Nickel Prices 500 yuan to 107,500 yuan on Jan. 16

Jinchuan Group raised nickel ex-works prices to 107,500 yuan per tonne on January 16, up 500 yuan Shanghai Metals Market learns.

Jan 16, 2015 13:32

Reminder

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

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