Home / Metal News / LME Nickel to Hold Strong (2017-5-23)

LME Nickel to Hold Strong (2017-5-23)

iconMay 23, 2017 09:35
Source:SMM
OPEC countries are expected to extend oil production cut, leaving oil prices firm. Eurozone economy continued to improve.

SHANGHAI, May 23 (SMM) – OPEC countries are expected to extend oil production cut, leaving oil prices firm. Eurozone economy continued to improve. LME nickel will hold strong today, and SHFE 1709 nickel should hover between RMB 77,700-78,800/mt, with spot prices between RMB 76,300-78,900/mt. 

nickel prices
LME nickel prices
SHFE nickel prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news