Non-ferrous
PriceNewsPublicationDatabaseEventsConsultingNon-ferrous
Base metals
Minor metals
Precious metals
Scrap metals
Rare earth
News
Shanghai Spot Nickel to Rise (2016-9-2)
Sep 2,2016 09:17
CSTprice review forecast
Source:SMM
Crude oil slumped due to oversupply.
SHANGHAI, Sep. 2 (SMM) – Crude oil slumped due to oversupply. Major economic indicators from the US released overnight fell short of market expectations, weighing down the US dollar index. LME nickel will move between the 5 and 10-day moving average today. January nickel on the SHFE will move between RMB 78,800-80,000/mt. Spot nickel in Shanghai will rise to RMB 77,300-78,900/mt.
LME nickel prices
SHFE nickel prices
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
LME Nickel to Fluctuate Narrowly (2017-10-17)
The spokesman of the 19th CPC National Congress will hold a press conference today.
Oct 17, 2017 09:37CST
LME Nickel to Find Support (2017-10-13)
EIA’s crude oil inventory posted the biggest declines, and losses in NYMEX crude oil narrowed.
Oct 13, 2017 09:37CST
SHFE Nickel to Move at Highs (2017-10-10)
Nickel producers in Shandong’s Linyi are required to cut output by 50% in the following 4 months, which is more significantly than expected.
Oct 10, 2017 09:34CST
LME Nickel to Remain Strong (2017-9-29)
Base metals rose due to expectations that China’s economy is growing steadily and progress of US tax reform.
Sep 29, 2017 09:41CSTLME Nickel Prices to Fall Further (2017-9-14)
LME nickel dropped overnight, and is expected to fall further today.
Sep 14, 2017 09:13CST
Nickel Prices to Stay Firm (2017-8-30)
One high-grade NPI producer in Shandong’s Binzhou reopened after environmental protection inspection team left.
Aug 30, 2017 09:37CST
SHFE 1801 Nickel Prices to Fall Further (2017-8-28)
The market will lack macroeconomic news today.
Aug 28, 2017 09:27CSTSHFE 1801 Nickel Finishes Higher (2017-8-22)
SHFE 1801 nickel opened at RMB 92,150/mt today and then fell to RMB 91,040/mt.
Aug 22, 2017 17:41CST
Most Read
data analysis
price review forecast
China Metals Market
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Copyright © 2021 SMM Information & Technology Co, Ltd. All rights reserved.
