Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Language: 
LME Nickel to Return to Rise (2016-4-22)
Apr 22, 2016 09:28Source:SMM
ECB President’s speech may hint at more monetary stimulus.
SHANGHAI, Apr. 22 (SMM) – ECB President’s speech may hint at more monetary stimulus. The pullback in base metals was due mainly to correction after big gains. LME nickel has held firmly above USD 9,000/mt and will return to rise.
SHFE 1609 nickel will fall slower and move at RMB 71,500-75,000/mt on Friday.
In domestic spot market, spot nickel prices will follow SHFE nickel down to RMB 70,000-71,500/mt. Downstream producers are suggested to increase purchases at low prices.
Key Macroeconomic Indicators for Base Metal Prices (2016-4-22)
LME nickel prices
SHFE nickel prices
nickel prices
Ni price
base metal price forecast
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
Nickel Prices to Continue Rising (2017-9-4)
Beijing, Tianjin and Hebei began their 11 th round of environmental crackdowns on September 1.
Sep 4, 2017 09:41
LME Nickel to See Range-Bound Trading (2017-6-14)
API’s oil inventories in the US increased for the week ending June 9, pushing down NYMEX July oil prices below USD 46/bbl.
Jun 14, 2017 09:18
LME Aluminum to Fluctuate at Highs (2017-4-26)
LME aluminum should move at highs of USD 1,950-1,975/mt today.
Apr 26, 2017 09:40
SMM Events & Webinars
All- Apr09
NET ZERO MEA - Solar & Energy Storage
Apr 09 - 10,2025MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
- Apr09
2025 SMM (20th) Lead & Zinc Conference and Industry Expo
Apr 09 - 11,2025To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange pNanjing · Jiangsu ·China
- Apr16
CLNB 2025 (10th) China International New Energy Industry Expo
Apr 16 - 18,2025Suzhou International Expo Center, Jiangsu, China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.
