SMM Nickel Market Morning Review (2015-9-30)-Shanghai Metals Market

Hot Keywords

  • Copper
  • Production data
  • Zinc
  • 2019 South China Metals Summit
  • Inventory data
  • Market commentary
  • Macroeconomics
  • MMi Iron Ore Port Index
  • Sales data
  • Aluminium
  • trend forecast
  • iron ore
  • Operation update
  • Lithium hydroxide
  • Futures movement

SMM Nickel Market Morning Review (2015-9-30)

Price Review & Forecast 10:13:15AM Sep 30, 2015 Source:SMM

SHANGHAI, Sept. 30 (SMM) – LME nickel prices opened at USD 9,765/mt Tuesday, and fell to USD 9,700/mt. During European and US trading, LME nickel prices rebounded and touched USD 9,895/mt, and closed at USD 9,880/mt, up 0.87%. Trading volumes decreased 51 lots to 5,948 lots, and total positions decreased 315 to 245,696. LME nickel inventories fell 786 to 451,500 mt.

LME nickel prices will rise slightly today. SHFE 1601 nickel contract prices will hover between RMB 75,700-76,800/mt today. Spot zinc prices in Shanghai should hold stable at RMB 74,800-75,800/mt.


Key Words:  LME nickel prices 

SMM Nickel Market Morning Review (2015-9-30)

Price Review & Forecast 10:13:15AM Sep 30, 2015 Source:SMM

SHANGHAI, Sept. 30 (SMM) – LME nickel prices opened at USD 9,765/mt Tuesday, and fell to USD 9,700/mt. During European and US trading, LME nickel prices rebounded and touched USD 9,895/mt, and closed at USD 9,880/mt, up 0.87%. Trading volumes decreased 51 lots to 5,948 lots, and total positions decreased 315 to 245,696. LME nickel inventories fell 786 to 451,500 mt.

LME nickel prices will rise slightly today. SHFE 1601 nickel contract prices will hover between RMB 75,700-76,800/mt today. Spot zinc prices in Shanghai should hold stable at RMB 74,800-75,800/mt.


Key Words:  LME nickel prices