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Shanghai Spot Nickel Prices to Fall (2016-3-21)

iconMar 21, 2016 10:02
Source:SMM
LME nickel is expected to stop falling today.

SHANGHAI, Mar. 21 (SMM) – LME nickel is expected to stop falling today. SHFE 1605 nickel should move between RMB 67,500-70,000/mt. Spot nickel in China should drop to RMB 66,500-68,200/mt. Downstream buyers are suggested to buy at lows.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-21)


LME nickel prices

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