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

Published: Feb 22, 2016 09:52

Save

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

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn