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

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

Price Review & Forecast 09:27:52AM May 20, 2016 Source:SMM

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)


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

Price Review & Forecast 09:27:52AM May 20, 2016 Source:SMM

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)