LME Nickel to Face Pressure (2016-5-9)-Shanghai Metals Market

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

Price Review & Forecast 10:06:43AM May 09, 2016 Source:SMM

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)


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

Price Review & Forecast 10:06:43AM May 09, 2016 Source:SMM

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)