Shanghai Spot Nickel to Rise (2016-9-1)-Shanghai Metals Market

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Shanghai Spot Nickel to Rise (2016-9-1)

Price Review & Forecast 09:37:09AM Sep 01, 2016 Source:SMM

SHANGHAI, Sep. 1 (SMM) – US crude oil inventories grew noticeably, weighing down crude oil prices. The US dollar index fell after surging. LME nickel will move between USD 9,750-9,900/mt today. January nickel on the SHFE will move between RMB 78,200-79,400/mt. Spot nickel in Shanghai will rise to RMB 76,650-77,900/mt. 


Shanghai Spot Nickel to Rise (2016-9-1)

Price Review & Forecast 09:37:09AM Sep 01, 2016 Source:SMM

SHANGHAI, Sep. 1 (SMM) – US crude oil inventories grew noticeably, weighing down crude oil prices. The US dollar index fell after surging. LME nickel will move between USD 9,750-9,900/mt today. January nickel on the SHFE will move between RMB 78,200-79,400/mt. Spot nickel in Shanghai will rise to RMB 76,650-77,900/mt.