Shanghai Nickel Prices to Edge up (2015-12-24)

Published: Dec 24, 2015 09:41

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Crude oil prices rebounded. LME nickel should rise today.

SHANGHAI, Dec. 23 (SMM) – Crude oil prices rebounded. LME nickel should rise today.

See forecast for other base metals, please click:Base Metal Prices to Rise in Asian Trading Hours as LME closed, SMM Says

SHFE 1605 nickel prices are expected to move between RMB 69,500-71,000/mt today. Traders will sell actively, and Shanghai spot nickel should inch up to RMB 67,600-69,600/mt.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-24)

SHFE nickel prices nickel prices LME 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.

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