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Shanghai Spot Nickel to Stabilize (2016-8-10)

iconAug 10, 2016 09:23
Source:SMM
The US dollar index fell. LME nickel is expected to find support from the 5-day moving average today, hovering between USD 10,700-10,850/mt.

SHANGHAI, Aug. 10 (SMM) – The US dollar index fell. LME nickel is expected to find support from the 5-day moving average today, hovering between USD 10,700-10,850/mt. January nickel on the SHFE will fluctuate between RMB 83,200-84,800/mt. Spot nickel in Shanghai will stabilize at RMB 81,100-82,500/mt. 


LME nickel prices
SHFE nickel prices

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