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LME Nickel to Fall Slightly (2015-11-30)

iconNov 30, 2015 10:23
LME nickel prices are expected to fall slightly today.

SHANGHAI, Nov. 30 (SMM) – LME nickel prices are expected to fall slightly today.

See forecast for other base metals, please click: Declines to Return in Base Metal Market This Week, SMM Says 

SHFE 1601 nickel contract prices will edge down to RMB 67,000-69,200/mt today with leaving of longs and entry of shorts. Spot zinc prices in Shanghai should fall to RMB 66,800-68,700/mt.

Key Macroeconomic Indicators for Base Metal Prices (2015-11-30)


LME nickel prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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