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Shanghai Spot Nickel to Stabilize (2016-5-20)
May 20, 2016 09:27Source:SMM
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
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