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Home / Metal News / LME Nickel to Face Pressure (2016-5-9)

LME Nickel to Face Pressure (2016-5-9)

May 9, 2016 10:06

Source:SMM

The US dollar index remained strong.

SHANGHAI, May 9 (SMM) – The US dollar index remained strong. LME nickel is expected to face pressure today. September nickel on the SHFE will move between RMB 69,500-71,000/mt. Spot nickel in Shanghai will move between RMB 69,100-70,500/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-9)

SHFE nickel prices

LME nickel prices

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LME Nickel to Face Pressure (2016-5-9)

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

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