Shanghai Nickel Price to Hold Stable (2015-12-10)

Published: Dec 10, 2015 09:52

Save

News that China will buy up zinc and aluminum reserves in the near term will boost base metals.

SHANGHAI, Dec. 10 (SMM) – News that China will buy up zinc and aluminum reserves in the near term will boost base metals. LME nickel prices are expected to remain low today.

See forecast for other base metals, please click:Shanghai Nickel Price to Hold Stable (2015-12-10)

SHFE 1601 nickel contract prices will move between RMB 66,500-69,000/mt today. Traders will mostly hold onto their goods as Jinchuan nickel supplies are tight. Spot zinc prices in Shanghai should stabilize at RMB 66,500-68,500/mt.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-10)

SHFE nickel prices LME nickel prices Shanghai nickel prices

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

1 hour ago

LME Lead Edged Up 0.05% Overnight at the Close; SHFE Lead Maintained a Fluctuating Consolidation Trend [SMM Lead Morning Brief]

1 hour ago

Weak Supply-Demand Conditions Continued, and Overnight Lead Prices Saw Sideways Movement [SMM Lead Morning Meeting Minutes]

1 hour ago

18 hours ago

Data: SHFE, DCE market movement (Mar 17)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 17 Mar , 2026

18 hours ago

Related News

LME Lead Edged Up 0.05% Overnight at the Close; SHFE Lead Maintained a Fluctuating Consolidation Trend [SMM Lead Morning Brief]

Mar 18, 2026 09:05

Weak Supply-Demand Conditions Continued, and Overnight Lead Prices Saw Sideways Movement [SMM Lead Morning Meeting Minutes]

Mar 18, 2026 08:52

Data: SHFE, DCE market movement (Mar 17)

Mar 17, 2026 16:04

Secondary Lead Prices Inverted Against Primary Lead Prices, Lead Market Fluctuated Amid a Tug-of-War Between Sellers and Buyers [SMM Lead Morning Meeting Minutes]

Mar 17, 2026 09:00