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

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

Jan 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

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SHFE 1709 nickel, the most actively traded one, opened at RMB 81,090/mt and closed at RMB 80,690/mt, down RMB 740 or 0.91%.

Apr 17, 2017 17:41

SMM Comments

LME Nickel to End with Losses (2017-4-7)

LME nickel will fluctuate at around the 20-day moving average on Friday and SHFE 1709 nickel will move at RMB 84,500-85,500/mt.

Apr 7, 2017 09:42

SMM Comments

LME Nickel to End with Losses (2017-4-7)

LME Nickel to Stay Firm (2017-4-6)

LME nickel and SHFE 1709 nickel will stay firm on Thursday. SHFE 1709 nickel will move at RMB 85,800-86,800/mt.

Apr 6, 2017 09:50

SMM Comments

SHFE Nickel Finishes with Losses (2017-3-23)

SHFE 1705 nickel opened at RMB 83,200/mt and ended at RMB 82,990/mt, down RMB 580/mt or 0.69%.

Mar 23, 2017 17:12

SMM Comments

SHFE Nickel Finishes with Losses (2017-3-23)

LME Nickel to Move at Lows (2017-3-22)

LME nickel is expected to fluctuate at lows on Wednesday and SHFE 1705 nickel will move at RMB 83,200-84,600/mt.

Mar 22, 2017 10:03

SMM Comments

SHFE Nickel to Meet Pressure (2017-3-20)

LME nickel will meet strong pressure at the 10-day moving average on Monday and SHFE 1705 nickel will move at RMB 84,000-85,600/mt.

Mar 20, 2017 09:42

SMM Comments

LME Nickel to Find Support (2017-3-10)

LME nickel will find support at downside of Bollinger brand and SHFE 1705 nickel will move between RMB 83,600-85,200/mt on Friday.

Mar 10, 2017 09:56

SMM Comments

SHFE Nickel to See Range-Bound Trading (2017-1-13)

SHFE 1705 nickel will move at RMB 84,000-87,000/mt on Friday.

Jan 13, 2017 09:58

SMM Comments

SHFE Nickel to See Range-Bound Trading (2017-1-13)

SHFE Nickel Prices Up 1.51% (2017-1-10)

SHFE 1705 nickel started at RMB 86,680/mt and finally ended at RMB 87,130/mt, up 1.51%.

Jan 10, 2017 17:05

SMM Comments

SHFE Nickel Prices Up 0.54% (2017-1-5)

SHFE 1705 nickel opened at RMB 85,880/mt and finally closed at RMB 85,250/mt, up 0.54%.

Jan 5, 2017 18:08

SMM Comments

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

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2024 SMM Middle East Secondary Metal Field Trip

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2025 SMM (20th) Lead & Zinc Conference and Industry Expo