LME Nickel to Move at Highs (2017-5-22)

Published: May 22, 2017 09:25

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Fed officials are split on rate hike in June due to US political scandal, weighing on the US dollar.

SHANGHAI, May 22 (SMM) – Fed officials are split on rate hike in June due to US political scandal, weighing on the US dollar. All OPEC countries agreed to extend oil production cut, leaving oil prices high. SHFE 1709 nickel should hover between RMB 77,200-79,000/mt, with spot prices between RMB 76,000-79,400/mt.

nickel prices LME nickel prices SHFE nickel prices

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