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Shanghai Spot Nickel to Fall (2016-5-6)
SHANGHAI, May 6 (SMM) – LME nickel is expected to rally today. September nickel on the SHFE will move between RMB 70,000-72,500/mt. Spot nickel in Shanghai will drop to RMB 69,500-71,500/mt. Downstream buyers are advised to purchase at lows.
Key Macroeconomic Indicators for Base Metal Prices (2016-5-6)
Shanghai Spot Nickel to Fall (2016-5-6)
SHANGHAI, May 6 (SMM) – LME nickel is expected to rally today. September nickel on the SHFE will move between RMB 70,000-72,500/mt. Spot nickel in Shanghai will drop to RMB 69,500-71,500/mt. Downstream buyers are advised to purchase at lows.
Key Macroeconomic Indicators for Base Metal Prices (2016-5-6)
