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SHFE Nickel to Set for Gains (2107-1-10)
Jan 10, 2017 09:43Source: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.
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