Shanghai Nickel Prices to Hold Stable (2015-12-25)

Published: Dec 25, 2015 09:25

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The LME market is closed today due to the Christmas holiday.

SHANGHAI, Dec. 25 (SMM) – The LME market is closed today due to the Christmas holiday.

See forecast for other base metals, please click:Shanghai to See Base Metal Price Rising Year-End, SMM Says

SHFE 1605 nickel prices are expected to rise to the 20-day moving average, and move between RMB 69,000-70,000/mt today. Downstream buyers will mostly take a wait-and-see attitude, and Shanghai spot nickel should stabilize at RMB 67,000-69,200/mt.

Key Macroeconomic Indicators for Base Metal Prices (2015-12-25)

SHFE nickel prices LME nickel prices

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