Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
LME Nickel to Find Support (2017-3-10)
Mar 10, 2017 09:56Source:SMM
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.
SHANGHAI, Mar. 10 (SMM) – Expectation over US’s rate hike strengthens recently and US dollar index keeps hovering at highs, weighing down dollar-denominated assets. Crude oil and gold will remain weak. Eyes should be on US’s February nonfarm payroll report on Friday. As the news has been digested, it will make limited effect on commodities. 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.
In China’s domestic market, spot nickel should trade at RMB 83,500-85,000/mt on Friday.
SHFE nickel
LME nickel
nickel prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
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
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
SMM Events & Webinars
All- Oct14
SMM LME Metals Seminar 2025
Oct 14 - 14,2025Emmanuel Centre，London , the United Kingdom
- Oct20
Li-ION BATTERY China
Oct 20 - 21,2025Xiamen, China
- Oct20
APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
Oct 20 - 21,2025Xiamen, China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
