Will Nickel Lead More Gains into Base Metals Market?

Published: Jun 9, 2015 13:47

Save

Nickel prices are now leading gains both on the LME and SHFE markets. Will the rising trend continue for a longer time?

SHANGHAI, Jun. 9 (SMM) – Nickel prices are now leading gains both on the LME and SHFE markets. Will the rising trend continue for a longer time?

“Lack of capital is not expected to support bigger rises in base metals market,” said SMM’s macro-economy analyst.

Capital is now flooding in China’s A-share market which has soared above 5,000.

This, coupled with expectations over a strong dollar, will put a cap on the price rally, but nickel may be an exception one, he added.

Nickel now becomes the most actively-traded metal on the SHFE since its launch of futures trading in late March.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

base metal price forecast nickel prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

23 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

23 hours ago

Feb 6, 2026 11:59

The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]

[SMM Tin Midday Review: The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend]

Feb 6, 2026 11:59

Feb 6, 2026 08:49

The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]

[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Fluctuated Rangebound During the Night Session, Downstream Enterprises Mostly Followed Up with Small-Lot Transactions]

Feb 6, 2026 08:49