SMM Nickel Market Morning Review (2015-5-26)

Published: May 26, 2015 09:54

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The LME market was closed yesterday.

SHANGHAI, May 26(SMM) – The LME market was closed yesterday.

China is pushing a series of stimulus measures to stabilize Chinese economy. The US dollar index is expected to rise on improving US economic indicators. LME nickel prices should test USD 13,000/mt today. SHFE 1507 nickel contract prices rose RMB 1,830/mt Monday evening. Spot nickel prices in Shanghai will move between RMB 96,000-101,000/mt today.

nickel prices

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