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Home / Metal News / LME Nickel to Consolidate at Highs (2017-5-2)

LME Nickel to Consolidate at Highs (2017-5-2)

May 2, 2017 09:40

Source:SMM

China’s official manufacturing PMI in April released by the NBS on Sunday was 51.2%, down 0.6 percentage point on the month.

SHANGHAI, May 2 (SMM) – China’s official manufacturing PMI in April released by the NBS on Sunday was 51.2%, down 0.6 percentage point on the month. LME nickel will consolidate at highs today, and SHFE 1709 nickel should hover between RMB 78,800-79,500/mt, with spot prices between RMB 78,000-79,000/mt.

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LME Nickel to Consolidate at Highs (2017-5-2)

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