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LME Nickel to Advance, SMM Expects
Sep 9,2016 16:51CST
SMM Comments
Source:SMM
LME nickel is expected to advance in the coming week, Shanghai Metals Market foresees.

SHANGHAI, Sep. 9 (SMM) – LME nickel is expected to advance in the coming week, Shanghai Metals Market foresees.

Last week, LME nickel advanced to $10,370 per tonne, the highest since August 22., and SHFE nickel also followed up, but with smaller gains, according to SMM data.

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In the coming week, LME nickel is expected to keep rising, with prices between $10,100-10,500 per tonne, SMM nickel analyst predicts. 

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