LME Nickel to Rise Further (2015-11-26)

Published: Nov 26, 2015 09:33

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LME nickel prices are expected rebound today as shorts left the market.

SHANGHAI, Nov. 26 (SMM) – LME nickel prices are expected rebound today as shorts left the market.

See forecast for other base metals, please click:Base Metals Close with Gains Despite Strong Dollar, SMM Says

SHFE 1601 nickel contract prices will hover between RMB 67,800-70,500/mt today. Jinchuan Group will hold prices firm, and downstream buyers are expected to replenish stocks modestly. Spot zinc prices in Shanghai should rise to RMB 68,000-69,700/mt.

Key Macroeconomic Indicators for Base Metal Prices (2015-11-26)

LME nickel prices Ni price nickel prices SHFE nickel prices

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