LME Nickel to Rise Further (2015-11-27)

Published: Nov 27, 2015 09:40

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LME nickel prices are expected to rise further today. The meeting of nickel companies headed by Jinchuan Group will be held today.

SHANGHAI, Nov. 27 (SMM) – LME nickel prices are expected to rise further today. The meeting of nickel companies headed by Jinchuan Group will be held today.

See forecast for other base metals, please click:Short-Covering Strength to Wane, with Aluminum and Nickel Stronger, SMM Says

SHFE 1601 nickel contract prices will hover between RMB 70,000-73,000/mt today. Traders will sell actively as Jinchuan Group moves goods. Spot zinc prices in Shanghai should rebound to RMB 70,000-71,500/mt.

Key Macroeconomic Indicators for Base Metal Prices (2015-11-27)

LME nickel prices

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