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Home / Metal News / LME Nickel Price to Fluctuate at Highs (2017-7-18)

LME Nickel Price to Fluctuate at Highs (2017-7-18)

Jul 18, 2017 09:38

China’s major economic indicators are upbeat.

SHANGHAI, Jul. 18 (SMM) – China’s major economic indicators are upbeat. The US dollar weakened, and crude oil stabilized at lows. Fundamentals are largely unchanged for nickel. LME nickel will hover at highs today and any upward momentum will weaken. SHFE 1709 nickel should hover between RMB 78,50-80,000/mt, with spot prices between RMB 78,000-80,800/mt.

nickel prices

LME nickel prices

SHFE nickel prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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Mar 30, 2016 14:08

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SMM Comments

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SMM Comments

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LME Nickel Price to Fluctuate at Highs (2017-7-18)

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