SHFE Nickel to Set with Losses (2016-11-30)-Shanghai Metals Market

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SHFE Nickel to Set with Losses (2016-11-30)

Price Review & Forecast 09:40:13AM Nov 30, 2016 Source:SMM

SHANGHAI, Nov. 30 (SMM) – LME nickel is expected to move above USD 10,900/mt on Wednesday and test support at the 20-day moving average. SHFE 1701 tin will range between RMB 89,800-93,000/mt on Wednesday.

In China’s domestic market, spot tin should trade at RMB 89,400-92,500/mt on Wednesday.

Key Words:  SHFE nickel  LME nickel  nickel prices 

SHFE Nickel to Set with Losses (2016-11-30)

Price Review & Forecast 09:40:13AM Nov 30, 2016 Source:SMM

SHANGHAI, Nov. 30 (SMM) – LME nickel is expected to move above USD 10,900/mt on Wednesday and test support at the 20-day moving average. SHFE 1701 tin will range between RMB 89,800-93,000/mt on Wednesday.

In China’s domestic market, spot tin should trade at RMB 89,400-92,500/mt on Wednesday.

Key Words:  SHFE nickel  LME nickel  nickel prices