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Home / Metal News / LME Nickel to Strengthen (2017-5-15)

LME Nickel to Strengthen (2017-5-15)

May 15, 2017 09:24

Source:SMM

The Belt & Road strategy will positively affect infrastructure construction.

SHANGHAI, May 15 (SMM) – The Belt & Road strategy will positively affect infrastructure construction. The market is optimistic. LME nickel should strengthen today, and SHFE 1709 nickel should hover between RMB 76,700-78,100/mt, with spot prices between RMB 75,600-79,000/mt.

nickel prices

LME nickel prices

SHFE nickel prices

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Jinchuan Group cut its ex-works prices by 500 yuan per tonne on Mar. 30.

Mar 30, 2016 14:08

Reminder

SHFE Nickel Closes with Small Gains (Mar. 29, 2016)

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SMM Comments

Chinese Stainless Steel Mills Increase Nickel Plate Purchases, SMM Reports

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Shanghai Spot Nickel Prices to Climb (2016-2-22)

LME nickel is expected to maintain upward momentum on news that the Philippines will reduce nickel ore supply.

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SMM Comments

Shanghai Spot Nickel Prices to Remain Firm (2016-2-19)

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Feb 19, 2016 09:28

SMM Comments

Shanghai Spot Nickel Prices to Stabilize (2016-2-4)

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Feb 4, 2016 10:46

SMM Comments

SHFE Nickel Ends Up 1.66% (Jan. 18, 2016)

SHFE 1605 nickel started last Friday night session at RMB 67,820/mt and bounced back to RMB 68,960/mt.

Jan 18, 2016 19:37

SMM Comments

Shanghai Spot Nickel Prices to Rise (2016-1-15)

Risk appetite improved after negative news was absorbed.

Jan 15, 2016 10:13

SMM Comments

SHFE Nickel Up 0.8% (Dec. 31, 2015)

SHFE 1605 nickel opened Wednesday night session at RMB 70,100/mt and then narrowly ranged RMB 69,880-70,400/mt.

Dec 31, 2015 19:05

SMM Comments

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LME Nickel to Strengthen (2017-5-15)

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SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025