Metals News
SMM Nickel Market Morning Review (2015-9-22)
price review forecast
Sep 22,2015

SHANGHAI, Sept. 22 (SMM) – LME nickel prices opened at USD 9,700/mt Monday, and rebounded in the afternoon as the Shanghai Composite Index stabilized, touching as high as USD 9,935/mt, then fluctuating between USD 9,700-9,900/mt. Finally, LME nickel prices closed at USD 9,835/mt, up 1.39%. Trading volumes decreased 1,492 lots to 8,587 lots, and total positions increased 6,597 to 242,300. LME nickel inventories grew 1,122 to 454,122 mt.

LME nickel prices are expected to consolidate today. SHFE 1601 nickel contract prices will hover between RMB 76,800-78,000/mt today. Spot nickel prices in Shanghai are expected to hold stable.

LME nickel prices
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data