Home / Metal News / Copper / Shanghai Nickel Prices to Fall (2015-12-23)
Shanghai Nickel Prices to Fall (2015-12-23)
Dec 23,2015 09:57CST
price review forecast
Source:SMM
Crude oil prices hovered at lows. LME nickel should stabilize today.

SHANGHAI, Dec. 23 (SMM) – Crude oil prices hovered at lows. LME nickel should stabilize today.

See forecast for other base metals, please click: LME Market to See Light Trading ahead of Christmas Holiday, SMM Says

SHFE 1605 nickel prices are expected to move between RMB 69,500-71,000/mt today. Downstream buyers will purchase as needed, and Shanghai spot nickel should fall to RMB 67,700-69,700/mt.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-23)


Nickel
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