Shanghai Spot Nickel Prices to Rise (2016-3-3)-Shanghai Metals Market

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Shanghai Spot Nickel Prices to Rise (2016-3-3)

Price Review & Forecast 09:14:16AM Mar 03, 2016 Source:SMM

SHANGHAI, Mar. 3 (SMM) – ADP employment numbers for the US in February topped market expectations. Gold slumped. LME nickel to consolidate in a wide range.

SHFE 1605 nickel should fall to RMB 68,500-69,500/mt. Spot nickel should rise to RMB 67,700-68,500/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-3)


Shanghai Spot Nickel Prices to Rise (2016-3-3)

Price Review & Forecast 09:14:16AM Mar 03, 2016 Source:SMM

SHANGHAI, Mar. 3 (SMM) – ADP employment numbers for the US in February topped market expectations. Gold slumped. LME nickel to consolidate in a wide range.

SHFE 1605 nickel should fall to RMB 68,500-69,500/mt. Spot nickel should rise to RMB 67,700-68,500/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-3)