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LME Nickel to Remain at Current Level (2017-5-19)
May 19,2017 09:48CST
price review forecast
Source:SMM
Continuous recovery in the eurozone may weigh on the US dollar.

SHANGHAI, May 19 (SMM) – Continuous recovery in the eurozone may weigh on the US dollar. China’s finished production inventories at Chinese stainless steel plants remained high. SHFE 1709 nickel should hover between RMB 75,500-76,500/mt, with spot prices between RMB 74,200-77,300/mt. 

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