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Shanghai Spot Nickel to Rise (2016-6-20)
Jun 20, 2016 09:46Source:SMM
The likelihood of a Brexit decreased.
SHANGHAI, Jun. 20 (SMM) – The likelihood of a Brexit decreased. The US dollar index fell. Nickel found some support at Tsingshan Group put its stainless steel project into production. LME nickel is expected to rise slightly today. September nickel on the SHFE will move between RMB 70,800-72,500/mt. Spot nickel in Shanghai will rise to RMB 69,400-70,900/mt.
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