Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
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
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
For queries, please contact Lemon Zhao at lemonzhao@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
Nickel Prices to Stay Firm (2017-8-30)
One high-grade NPI producer in Shandong’s Binzhou reopened after environmental protection inspection team left.
Aug 30, 2017 09:37
SMM Events & Webinars
All- Oct14
SMM LME Metals Seminar 2025
Oct 14 - 14,2025London , the United Kingdom
- Oct20
Li-ION BATTERY China
Oct 20 - 21,2025Xiamen, China
- Oct20
APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
Oct 20 - 21,2025Xiamen, 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 © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
