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Home / Metal News / SHFE Nickel to Remain Range-Bound (2016-8-2)

SHFE Nickel to Remain Range-Bound (2016-8-2)

Aug 2, 2016 09:22

Source:SMM

Crude oil prices plunged, but US major economic indicators are not promising.

SHANGHAI, Aug. 2 (SMM) – Crude oil prices plunged, but US major economic indicators are not promising. LME nickel is expected to move above the 10-day moving average today. September nickel on the SHFE will fluctuate between RMB 81,000-83,000/mt. Spot nickel in Shanghai will fluctuate between RMB 80,000-81,700/mt.

SHFE nickel prices

LME nickel prices

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SHFE 1801 nickel opened at RMB 94,340/mt today and then fell to RMB 93,530/mt.

Aug 25, 2017 19:39

SMM Comments

SHFE 1801 Nickel Finishes Higher (2017-8-25)

India Nickel Scrap, Nickel Futures gain on weak Dollar

India's major nickel scrap prices advanced on the Scrap Register Price Index as on Thursday in line with nickel futures prices at India's Multi Commodity Exchange boosted by a weaker dollar and bright

Jul 3, 2017 09:39

SMM Comments

India Nickel Scrap, Nickel Futures gain on weak Dollar

Shanghai Spot Nickel to Hold Stable (2016-8-9)

Crude oil fell after closing at a two-week high.

Aug 9, 2016 09:24

SMM Comments

Shanghai Spot Nickel to Slid (2016-7-14)

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Jul 14, 2016 09:06

SMM Comments

SHFE Nickel Ends with Large Gains (Jul. 12 , 2016)

SHFE 1609 nickel challenged RMB 80,000/mt after opening Monday night session at RMB 79,450/mt.

Jul 12, 2016 20:24

SMM Comments

Shanghai Spot Nickel to Rise (2016-7-7)

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Jul 7, 2016 09:51

SMM Comments

SHFE Nickel Trades Down (Jul. 6 , 2016)

SHFE 1609 nickel opened at RMB 80,660/mt last night, and then grew to RMB 82,120/mt, to end at RMB 77,060/mt.

Jul 6, 2016 17:11

SMM Comments

Shanghai Spot Nickel to Fall (2016-7-5)

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Jul 5, 2016 09:23

SMM Comments

SHFE Nickel Jumps 5.99% (Jul. 4 , 2016)

SHFE 1609 nickel started at RMB 75,700/mt last night, and then grew to daily upward limit of RMB 79,240/mt.

Jul 4, 2016 17:20

SMM Comments

33% Market Players in China Bullish toward Nickel, SMM Survey

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Jun 7, 2016 10:40

SMM Comments

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SHFE Nickel to Remain Range-Bound (2016-8-2)

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