Non-ferrous
PriceNewsPublicationDatabaseEventsConsultingNon-ferrous
Base metals
Minor metals
Precious metals
Scrap metals
Rare earth
News
Shanghai Nickel Price to Rise (2015-12-15)
Dec 15,2015 09:59
CSTprice review forecast
Source:SMM
Crude oil prices hit a record low and are still pessimistic. The Fed will hold its policy meeting tonight.
SHANGHAI, Dec. 15 (SMM) – Crude oil prices hit a record low and are still pessimistic. The Fed will hold its policy meeting tonight. LME nickel should fall today with entry of shorts at highs and exodus of longs after profit-taking.
See forecast for other base metals, please click:Diverging Trends to Intensify in Base Metal Market, SMM Says
SHFE 1601 nickel contract prices will move between RMB 67,500-69,000/mt today. Downstream buyers will refrain from buying on rising zinc prices. Spot nickel should rise slightly to RMB 67,700-69,800/mt.
Key Macroeconomic Indicators for Base Metal Prices (2015-12-15)
SHFE nickel prices
LME nickel prices
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
LME Nickel to Fluctuate Narrowly (2017-10-17)
The spokesman of the 19th CPC National Congress will hold a press conference today.
Oct 17, 2017 09:37CST
LME Nickel to Find Support (2017-10-13)
EIA’s crude oil inventory posted the biggest declines, and losses in NYMEX crude oil narrowed.
Oct 13, 2017 09:37CST
SHFE Nickel to Move at Highs (2017-10-10)
Nickel producers in Shandong’s Linyi are required to cut output by 50% in the following 4 months, which is more significantly than expected.
Oct 10, 2017 09:34CST
LME Nickel to Remain Strong (2017-9-29)
Base metals rose due to expectations that China’s economy is growing steadily and progress of US tax reform.
Sep 29, 2017 09:41CST
LME Nickel Prices to Fall Further (2017-9-14)
LME nickel dropped overnight, and is expected to fall further today.
Sep 14, 2017 09:13CST
Nickel Prices to Stay Firm (2017-8-30)
One high-grade NPI producer in Shandong’s Binzhou reopened after environmental protection inspection team left.
Aug 30, 2017 09:37CST
MOST POPULAR
data analysis
data analysis
China Metals Market
Back to old version
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Copyright © 2020 SMM Information & Technology Co, Ltd. All rights reserved.