Metals News
Shanghai Spot Nickel to Climb (2016-7-15)
price review forecast
09:36AM
Jul 15,2016
Source:SMM

SHANGHAI, Jul. 15 (SMM) –The Bank of UK unexpectedly leave interest rate untouched, but Japan should execute additional stimulus measures, pushing down the JPY. LME nickel is expected to rise today. September nickel on the SHFE will climb to RMB 80,800-82,500/mt. Spot nickel in Shanghai will rise to RMB 79,400-80,600/mt. Downstream buyers will purchase modestly. 


SHFE nickel prices
LME nickel prices
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