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Home / Metal News / LME Nickel to See Range-Bound Trading (2017-5-15)

LME Nickel to See Range-Bound Trading (2017-5-15)

iconMay 16, 2017 09:35
China, Saudi Arabia and Russia support prolonging oil cut agreement to 2018.

SHANGHAI, May 15 (SMM) – China, Saudi Arabia and Russia support prolonging oil cut agreement to 2018. NYMEX oil prices strengthened. LME nickel should stay range-bound today, and SHFE 1709 nickel should hover between RMB 76,100-77,300/mt, with spot prices between RMB 74,600-77,800/mt. 

LME Zinc prices
SHFE zinc prices
zinc 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.

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