Non-ferrous
Non-ferrous
Base Metals
Photovoltaic
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Aug. 21 (SMM) – LME nickel price may fall further to $9,900-10,400 per tonne next week due to the glut in nickel market, SMM predicts.
“Although the US dollar index fell back this week, the growing supply and anemic demand will push nickel price lower,” SMM research team says.
In Chinese market, the Beijing parade on September 3 will have limited impact on nickel supply, so spot nickel price in China is also expected to trend down to 79,000-81,000 yuan per tonne.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
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