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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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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
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 Prices Up 0.79% (2017-3-2)
SHFE 1705 nickel opened at RMB 91,440/mt and closed at RMB 91,150/mt, up RMB 710/mt or 0.79%.
Mar 2, 2017 17:27
SHFE Nickel Closes with Gains (2017-3-1)
SHFE 1705 nickel opened at RMB 90,920/mt and ended at RMB 91,090/mt, up 0.19%
Mar 1, 2017 17:07
SHFE Nickel to Hover at highs (2017-2-21)
Growth of LME nickel will slow down on Tuesday and SHFE 1705 nickel will hover at RMB 91,600-93,100/mt.
Feb 21, 2017 09:31
SHFE Nickel Closes with Losses (2017-2-3)
SHFE 1705 nickel started at RMB 85,800/mt and closed at RMB 84,690/mt.
Feb 3, 2017 18:04
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