SHANGHAI, Mar. 4 (SMM) – US non-farm employment is to be released today. LME nickel is expected to fall today.
SHFE 1605 nickel should fall to RMB 69,000-71,000/mt. Spot nickel should rise to RMB 68,800-70,000/mt.
Key Macroeconomic Indicators for Base Metal Prices (2016-3-4)

![Non-Ferrous Sector Broadly Declined Combined with Increased Lead Ingot Supply, SHFE Lead Futures Center Shifted Downward [Lead Futures Brief Commentary]](https://imgqn.smm.cn/usercenter/mIbTL20251217171721.jpg)
![Under Overlapping Bearish Factors, LME Lead Pulled Back After Hitting Highs [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/XMxKT20251217171720.jpeg)
