Home / Metal News / SHFE Nickel to Set for Gains (2107-1-10)

SHFE Nickel to Set for Gains (2107-1-10)

iconJan 10, 2017 09:43
Source:SMM
LME nickel will increase on Tuesday and SHFE 1705 nickel is expected to range between RMB 85,800-87,800.

SHANGHAI, Jan. 10 (SMM) – US’s employment dropped in December on a monthly basis. US dollar thus dipped and gold increased. LME nickel will increase on Tuesday and SHFE 1705 nickel is expected to range between RMB 85,800-87,800.

In China’s domestic market, spot nickel should trade at RMB 84,500-87,400/mt on Tuesday.

SHFE nickel
LME nickel
nickel prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news