Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Shanghai Spot Nickel to Stabilize (2016-5-20)

Shanghai Spot Nickel to Stabilize (2016-5-20)

May 20, 2016 09:27

LME nickel is expected to stabilize today.

SHANGHAI, May 20 (SMM) – LME nickel is expected to stabilize today. September nickel on the SHFE will move between RMB 67,500-68,800/mt. Spot nickel in Shanghai will stabilize at RMB 66,700-68,200/mt. Downstream buyers are advised to purchase at lows.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-20)

SHFE nickel prices

LME nickel prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Sluggish US inflation will depressed amrekt expectations that the Fed will raise interest rate further this year, positively affecting the US dollar.

Jul 17, 2017 09:40

SMM Comments

LME Nickel Price to Fluctuate at Highs (2017-7-17)

LME Nickel Price to Move at Lows (2017-7-10)

Baker Hughes rig count for the week ending July 7 grew further.

Jul 10, 2017 09:47

SMM Comments

LME Nickel Price to Move at Lows (2017-7-10)

SHFE 1709 Nickel Finishes Higher (2017-7-4)

SHFE 1709 nickel opened at RMB 76,710/mt today, and touched RMB 76,730/mt.

Jul 4, 2017 17:59

SMM Comments

SHFE 1709 Nickel Finishes Higher (2017-7-4)

SHFE 1709 Nickel Closes Higher (2017-6-30)

SHFE 1709 nickel opened at RMB 76,460/mt today, and followed a “V” curve in the morning, dipping to RMB 75,810/mt and then stabilizing.

Jun 30, 2017 19:38

SMM Comments

SHFE 1709 Nickel Closes Higher (2017-6-30)

LME Nickel Price to Stay Range-Bound (2017-6-30)

The US dollar slumped. Lybia oil output hit the highest in 4 years, pushing down NYMEX August oil prices.

Jun 30, 2017 09:39

SMM Comments

LME Nickel Price to Stay Range-Bound (2017-6-30)

None Chinese Market Players Optimistic toward Nickel, SMM Surveys

SMM surveyed 30 market participants to find that 5 are bullish toward nickel price this week, 19 are neutral and 11 are bearish.

Sep 13, 2016 11:50

SMM Comments

Shanghai Spot Nickel to Rise (2016-9-7)

US August ISM non-manufacturing PMI and LMCI fell short of market expectations, reducing the likelihood of a Fed rate hike in September.

Sep 7, 2016 09:50

SMM Comments

SHFE Nickel Prices Off 0.64% (2016-8-31)

SHFE 1701 nickel started at RMB 78,490/mt and ended at RMB 78,060/mt, down 0.64%.

Aug 31, 2016 16:30

SMM Comments

Shanghai Spot Nickel to Slump (2016-5-13)

The US dollar index returned to upward track.

May 13, 2016 09:23

SMM Comments

SHFE Nickel Registers Losses (April 26, 2016)

SHFE 1609 nickel started at RMB 71,910/mt overnight and ranged between RMB 71,350-72,210/mt before ending at RMB 71,860/mt.

Apr 26, 2016 17:45

SMM Comments

SMM Events & Webinars

All

Sep
15
- NET ZERO CHINA Field Trip
  Sep 15 - 19,2025
  中国
Sep
16
- SMM Indonesia Seminar: Li-ion Battery & Energy Storage
  Sep 16 - 16,2025
  Jakarta, Indonesia
Sep
26
- 2025 ASIA BATTERY MATERIAL COOPERATION SALON
  Sep 26 - 26,2025
  Time：9.26 2025 Place：Seoul， South Korea
  Seoul， South Korea

Shanghai Spot Nickel to Stabilize (2016-5-20)

SMM Events & Webinars

NET ZERO CHINA Field Trip

SMM Indonesia Seminar: Li-ion Battery & Energy Storage

2025 ASIA BATTERY MATERIAL COOPERATION SALON