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Home / Metal News / Shanghai Spot Nickel Prices to Climb (2016-2-22)

Shanghai Spot Nickel Prices to Climb (2016-2-22)

Feb 22, 2016 09:52

Source:SMM

LME nickel is expected to maintain upward momentum on news that the Philippines will reduce nickel ore supply.

SHANGHAI, Feb. 22 (SMM) – LME nickel is expected to maintain upward momentum on news that the Philippines will reduce nickel ore supply.

See forecast for other base metals, please click:Shanghai Base Metal Prices to Advance, SMM Says

Spot nickel should rise to RMB 66,800-67,800/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-2-22)

SHFE nickel prices

LME nickel prices

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