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

iconMay 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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