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Shanghai Spot Nickel to Hold Stable (2016-5-25)
May 25,2016 09:44CST
price review forecast
Source:SMM
The US dollar index continued to rise, while gold plummeted. LME nickel is expected to fall today.

SHANGHAI, May 25 (SMM) – The US dollar index continued to rise, while gold plummeted. LME nickel is expected to fall today. September nickel on the SHFE will move between RMB 66,400-68,000/mt. Traders will sell actively, while downstream buyers will purchase at lows. Spot nickel in Shanghai will stabilize between RMB 65,800-67,200/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-25)


SHFE nickel prices
LME nickel prices

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