Home / Metal News / Aluminium / Shanghai Nickel Price to Hover at RMB 66,900-68,700/mt (2015-12-9)
Shanghai Nickel Price to Hover at RMB 66,900-68,700/mt (2015-12-9)
Dec 9,2015 09:41CST
price review forecast
Source:SMM
Weak crude oil prices drag down base metals. LME nickel prices are expected to remain low today.

SHANGHAI, Dec. 9 (SMM) – Weak crude oil prices drag down base metals. LME nickel prices are expected to remain low today.  

See forecast for other base metals, please click:Shanghai Base Metal Prices to Diverge, Eying on China Data, SMM Says

SHFE 1601 nickel contract prices will move between RMB 66,500-69,000/mt today, with downstream buyers entering the market. Spot zinc prices in Shanghai should drop to RMB 66,900-68,700/mt.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-9)


LME nickel prices
SHFE nickel prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news