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LME Nickel to Move Lower (2017-4-10)
Apr 10, 2017 09:19Source:SMM
LME nickel will test support at the 20-day moving average on Monday. SHFE 1709 nickel will move at RMB 84,200-85,200/mt.
SHANGHAI, Apr. 10 (SMM) – LME nickel rallied to USD 10,200/mt from lows on last Friday and will test support at the 20-day moving average on Monday. SHFE 1709 nickel will move at RMB 84,200-85,200/mt.
In China’s domestic market, spot nickel should trade at RMB 82,700-84,000/mt on Monday.
SHFE nickel
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