Metals News
LME Nickel to Remain Weak (2017-6-9)
price review forecast
09:49AM
Jun 9,2017
Source:SMM

SHANGHAI, Jun. 9 (SMM) – NYMEX oil weakened further. UK’s conservative party failed to win the majority in exit polls, pushing down the pound by 2%. US President Trump said this morning infrastructure construction will accelerate like a rocket, leaving the US dollar strong. LME nickel will fluctuate at lows today, and SHFE 1709 nickel should hover between RMB 72,000-73,100/mt, with spot prices between RMB 71,400-73,800/mt. 

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