Shanghai Spot Nickel to Hold Stable (2016-5-18)-Shanghai Metals Market
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Home > News > Price Review & Forecast > Shanghai Spot Nickel to Hold Stable (2016-5-18)

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Shanghai Spot Nickel to Hold Stable (2016-5-18)

Price Review & Forecast 09:41:06AM May 18, 2016 Source:SMM

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)


Key Words:  SHFE nickel prices  LME nickel prices 
For editorial queries, please contact Eve Yeo at eve@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
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Price

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1# Silver ingots(99.99%)
May.27
3509.0
0.0
(0.00%)
2# Silver ingots(99.95%)
May.27
3494.0
0.0
(0.00%)
3# Silver ingots(99.90%)
May.27
3479.0
0.0
(0.00%)
Gold(99.99%)
May.27
288.4
-0.3
(-0.12%)
Gold(99.95%)
May.27
288.4
-0.1
(-0.03%)

Shanghai Spot Nickel to Hold Stable (2016-5-18)

Price Review & Forecast 09:41:06AM May 18, 2016 Source:SMM

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)


Key Words:  SHFE nickel prices  LME nickel prices 
For editorial queries, please contact Eve Yeo at eve@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn