Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Apr. 6 (SMM) – Market players are positive on commodity market with firm US’s ADP employment and China’s Xiong’an special economic zone. This, combined with tight nickel ore supply, sends nickel prices up. LME nickel and SHFE 1709 nickel will stay firm on Thursday but eyes should be on a possible decline after rapid rise. SHFE 1709 nickel will move at RMB 85,800-86,800/mt on Thursday.
In China’s domestic market, spot nickel should trade at RMB 83,700-85,000/mt on Thursday.
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