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Shanghai Spot Nickel to Hold Stable (2016-8-9)
Aug 9, 2016 09:24 Crude oil fell after closing at a two-week high.
SHANGHAI, Aug. 9 (SMM) – Crude oil fell after closing at a two-week high. LME nickel is expected to fall to USD 10,700-10,850/mt today. January nickel on the SHFE will fluctuate between RMB 83,500-85,000/mt. Spot nickel in Shanghai will stabilize at RMB 80,900-82,400/mt.
SHFE nickel prices
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