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Home / Metal News / Shanghai Spot Nickel Prices to Hover Narrowly (2016-4-1)

Shanghai Spot Nickel Prices to Hover Narrowly (2016-4-1)

Apr 1, 2016 09:30

Source:SMM

China’s official PMI slated for release today is expected to improve.

SHANGHAI, Apr. 1 (SMM) – China’s official PMI slated for release today is expected to improve. LME nickel should hover between USD 8,400-8,500/mt today. SHFE 1605 nickel should fluctuate between RMB 66,000-66,500/mt. Spot nickel in China should move between RMB 66,300-67,000/mt. Downstream buyers are suggested to remain cautious.

Key Macroeconomic Indicators for Base Metal Prices (2016-4-1)

SHFE nickel prices

LME nickel prices

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Shanghai Spot Nickel Prices to Hover Narrowly (2016-4-1)

SMM Events & Webinars

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2025 SMM (20th) Lead & Zinc Conference and Industry Expo