Shanghai Spot Nickel to Hold Stable (2016-5-18)
SHANGHAI, May 18 (SMM) – LME nickel should face downward pressure today. September nickel on the SHFE will move between RMB 68,500-70,500/mt. Spot nickel in Shanghai will stabilize at RMB 67,500-69,200/mt. Downstream buyers are advised to stay on the sidelines.
Key Macroeconomic Indicators for Base Metal Prices (2016-5-18)
Shanghai Spot Nickel to Hold Stable (2016-5-18)
SHANGHAI, May 18 (SMM) – LME nickel should face downward pressure today. September nickel on the SHFE will move between RMB 68,500-70,500/mt. Spot nickel in Shanghai will stabilize at RMB 67,500-69,200/mt. Downstream buyers are advised to stay on the sidelines.
Key Macroeconomic Indicators for Base Metal Prices (2016-5-18)
