LME Nickel to Remain Firm (2016-11-8)

Price Review & Forecast 09:40:52AM Nov 08, 2016 Source:SMM

SHANGHAI, Nov. 8 (SMM) – Hillary's chance of winning increased and gold dropped. Ferrous metals will keep rising. Longs will dominate the market. LME nickel should remain firm on Tuesday and SHFE 1701 nickel will rose to RMB 87,500-90,500/mt.

In China’s domestic market, spot nickel should increase and trade at RMB 87,400-89,600/mt on Tuesday.

Key Words:  SHFE nickel  LME nickel  nickel prices 

LME Nickel to Remain Firm (2016-11-8)

Price Review & Forecast 09:40:52AM Nov 08, 2016 Source:SMM

SHANGHAI, Nov. 8 (SMM) – Hillary's chance of winning increased and gold dropped. Ferrous metals will keep rising. Longs will dominate the market. LME nickel should remain firm on Tuesday and SHFE 1701 nickel will rose to RMB 87,500-90,500/mt.

In China’s domestic market, spot nickel should increase and trade at RMB 87,400-89,600/mt on Tuesday.

Key Words:  SHFE nickel  LME nickel  nickel prices