Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHFE Nickel to See Range-Bound Trading (2017-3-16)
Mar 16, 2017 09:48LME nickel will increase slightly with lack of rising strength and SHFE 1705 nickel will move between RMB 84,500-85,800/mt.
SHANGHAI, Mar. 16 (SMM) – US Federal Reserve announced an interest rate hike at March’s meeting but Fed Chairwoman Yellen didn’t expect to raise rate every month, sending US dollar down. Base metals thus increased. LME nickel will increase slightly with lack of rising strength. SHFE 1705 nickel will move between RMB 84,500-85,800/mt on Thursday.
In China’s domestic market, spot nickel should trade at RMB 84,450-85,800/mt on Thursday. Attention should be on US’s February housing starts and building permits.
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
SHFE Nickel Price down 2.32% (2017-5-24)
SHFE 1709 nickel opened at RMB 77,750/mt and ended at RMB 76,270/mt, down RMB 1,810/mt or 2.32%.
May 24, 2017 17:23
LME Nickel to See Range-Bound Trading (2017-5-24)
SHFE 1709 nickel will fluctuate at RMB 77,200-78,200/mt, with spot prices trading at RMB 76,000-78,300/mt.
May 24, 2017 09:51
SHFE Nickel Strengthens (2017-3-31)
SHFE 1709 nickel started at RMB 84,370/mt and closed at RMB 84,860/mt, up RMB 590/mt or 0.70%.
Mar 31, 2017 19:52
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 10:03
SMM Events & Webinars
All- Mar25
2026 SMM (21th) Lead & Zinc Conference and Industry Expo
Mar 25 - 27,2026Chengdu, China
- Apr06
NET ZERO MEA Solar & Energy Storage Summit
Apr 06 - 07,2026Join us in Dubai to forge the partnerships that will power our future.DUBAI, UAE
- Apr08
CLNB 2026 - The 11th New Energy Industry Chain Expo
Apr 08 - 10,2026Suzhou,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.
