SHFE Nickel to Set with Losses (20171-12)

Published: Jan 12, 2017 09:36

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LME nickel will test support at RMB 10,000/mt on Thursday and SHFE 1705 nickel will move at RMB 83,800-86,500/mt.

SHANGHAI, Jan. 12 (SMM) – Trump’s speech given on Wednesday’s night didn’t mention economy. US dollar index dived and gold rose. LME nickel will test support at RMB 10,000/mt on Thursday and SHFE 1705 nickel will move at RMB 83,800-86,500/mt.

In China’s domestic market, spot nickel should trade at RMB 83,000-85,700/mt on Thursday.

SHFE nickel LME nickel nickel prices

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