Metals News
LME Nickel to Fluctuate at Current Level (2017-6-1)
price review forecast
09:30AM
Jun 1,2017
Source:SMM

SHANGHAI, Jun. 1 (SMM) – China’s liquidity will remain tight. API crude oil inventories in the US for the week ending May 26 dropped most significantly from September 2016, leaving NYMEX oil prices strong. LME nickel will stay range-bound today, and SHFE 1709 nickel should hover between RMB 72,700-74,000/mt, with spot prices between RMB 72,000-74,500/mt. 

nickel prices
LME nickel prices
SHFE nickel prices
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related Price

No Data