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LME Nickel to Fluctuate at Lows (2017-1-19)
Jan 19, 2017 10:09Source:SMM
LME nickel will fluctuate at lows and SHFE 1705 nickel will move at RMB 84,200-86,000/mt on Thursday.
SHANGHAI, Jan. 19 (SMM) – US’s CPI hit two and a half years’ high released on Wednesday night, sending US dollar index up. Offshore yuan thus depreciated. US Federal Reserve Chairwoman Yellen annouced to support rate-hiking pace as US’s economy is approaching to Fed’s target. LME nickel will fluctuate at lows and SHFE 1705 nickel will move at RMB 84,200-86,000/mt on Thursday.
In China’s domestic market, spot tin should trade at RMB 83,100-85,000/mt on Thursday.
SHFE nickel
LME nickel
nickel prices
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Related news
Summary of LME Nickel Trading Activity in June 2017
A monthly summary of LME Nickel trading activity for June this year is provided below.
Jul 14, 2017 20:31
LME Nickel to See Range-Bound Trading (2017-7-5)
LME nickel will see range-bound trading on Wednesday and SHFE 1709 nickel will fluctuate at RMB 74,700-75,900/mt.
Jul 5, 2017 09:26
SHFE Nickel Finishes Higher (2017-4-6)
SHFE 1709 nickel opened at RMB 86,560/mt and ended at RMB 86,440/mt, up RMB 740/mt or 0.86%.
Apr 6, 2017 17:40
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
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 10:03SHFE Nickel Prices down 0.42% (2017-3-20)
SHFE 1705 nickel opened at RMB 85,100/mt and ended at RMB 84,450/mt, down 0.42%.
Mar 20, 2017 17:32
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