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Shanghai Spot Nickel Prices to Slump (2016-3-9)

iconMar 9, 2016 09:38
Source:SMM
Base metals plunged on downbeat exports from China.

SHANGHAI, Mar. 9 (SMM) – Base metals plunged on downbeat exports from China. LME nickel is expected to rebound today. SHFE 1605 nickel should rally to RMB 68,700-70,000/mt. Downstream buyers will purchase at lows. Spot nickel should slump to RMB 66,500-67,600/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-9)


nickel prices
SHFE nickel prices
LME nickel prices

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