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Home / Metal News / Shanghai Spot Nickel to Climb (2016-7-15)

Shanghai Spot Nickel to Climb (2016-7-15)

Jul 15, 2016 09:36

Source:SMM

The Bank of UK unexpectedly leave interest rate untouched.

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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SHFE 1605 nickel started at RMB 68,180/mt overnight and then narrowly ranged RMB 68,100-68,300/mt.

Mar 29, 2016 15:41

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Feb 22, 2016 09:52

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Shanghai Spot Nickel Prices to Remain Firm (2016-2-19)

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Shanghai Spot Nickel Prices to Stabilize (2016-2-4)

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SHFE Nickel Ends Up 1.66% (Jan. 18, 2016)

SHFE 1605 nickel started last Friday night session at RMB 67,820/mt and bounced back to RMB 68,960/mt.

Jan 18, 2016 19:37

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Shanghai Spot Nickel Prices to Rise (2016-1-15)

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SMM Comments

SHFE Nickel Up 0.8% (Dec. 31, 2015)

SHFE 1605 nickel opened Wednesday night session at RMB 70,100/mt and then narrowly ranged RMB 69,880-70,400/mt.

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Dec 17, 2015 10:01

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SHFE 1601 nickel started Wednesday night session at RMB 75,700/mt and closed the session at RMB 75,730/mt.

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SMM Comments

SHFE Nickel Closes with Losses (Nov. 2, 2015)

SHFE 1601 nickel opened at RMB 77,100/mt last Friday night and ranged between RMB 76,900-77,300/mt, to end at RMB 76,640/mt.

Nov 2, 2015 19:35

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