Home / Metal News / Will Nickel Lead More Gains into Base Metals Market?

Will Nickel Lead More Gains into Base Metals Market?

iconJun 9, 2015 13:47
Source:SMM
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

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All