Home / Metal News /  / SMM Nickel Market Morning Review (2015-7-2)
SMM Nickel Market Morning Review (2015-7-2)
Jul 2,2015 10:21CST
price review forecast
Source:SMM
LME nickel prices opened at USD 12,025/mt, and dipped to RMB 11,965/mt due to worse-than-expected official and HSBC’s PMI for China in June and Greek default.

SHANGHAI, Jul. 2 (SMM) – LME nickel prices opened at USD 12,025/mt, and dipped to RMB 11,965/mt due to worse-than-expected official and HSBC’s PMI for China in June and Greek default. During European and US trading session, LME nickel price declines were arrested, with the high-end of the price range of USD 12,050/mt, and the low-end of USD 11,985/mt, and closed at USD 11,990/mt, down 0.21%. Trading volumes decreased 5,543 lots to 6,145 lots, and total positions declined 1,512 to 220,000. LME nickel inventories were up 672 mt to 457,110 mt.
 

LME nickel prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news