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Home / Metal News / Shanghai Spot Nickel Prices to Inch up (2016-3-28)

Shanghai Spot Nickel Prices to Inch up (2016-3-28)

Mar 28, 2016 09:07

Source:SMM

Profit at China’s industrials rose YoY thanks to regulations on crude oil prices and property prices.

SHANGHAI, Mar. 28 (SMM) – Profit at China’s industrials rose YoY thanks to regulations on crude oil prices and property prices. The LME market will remain closed today. SHFE 1605 nickel should rise to RMB 68,300-69,300/mt. Spot nickel in China should edge up to RMB 67,400-68,800/mt. Downstream buyers are suggested to purchase as needed.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-28)

nickel prices

SHFE nickel prices

LME nickel prices

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Jinchuan Group cut its ex-works prices by 500 yuan per tonne on Mar. 30.

Mar 30, 2016 14:08

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SHFE Nickel Closes with Small Gains (Mar. 29, 2016)

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Chinese Stainless Steel Mills Increase Nickel Plate Purchases, SMM Reports

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Shanghai Spot Nickel Prices to Stabilize (2016-2-4)

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Jan 15, 2016 10:13

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