[Ni Price] Nickel Prices to Post Limited Rise to 85,000-89,000 yuan Next Week

Jul 10, 2015 16:53

Nickel prices may extend gains next week, but the rise will be limited, SMM research team says.

SHANGHAI, Jul. 10 (SMM) – Nickel prices may extend gains next week, but the rise will be limited, SMM research team says.

China’s stock market presented a rebound Thursday and Friday, helping with a rally in nickel market. Panic in the market eased as a result.

“The weak demand during an offseason for downstream sector will curb the price hike, so we see China nickel prices to move at 85,000-89,000 yuan per tonne and LME nickel to trade at $11,300-11,800 a tonne,” SMM analyst predicts.

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

nickel price forecast

China nickel prices

LME nickel prices

SMM review & forecast

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

[Ni Price] Nickel Prices to Post Limited Rise to 85,000-89,000 yuan Next Week

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025