LME Nickel Price to Stay at Current Level (2017-7-21)-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Inventory data
  • Rare earth
  • Copper scrap
  • Copper
  • Market commentary
  • SMM
  • Morning comments
  • Evening comments
  • Aluminium
  • MMi Iron Ore Port Index
  • Cobalt
  • Futures movement
  • price forecast
  • Environmental protection drive

LME Nickel Price to Stay at Current Level (2017-7-21)

Price Review & Forecast 09:33:23AM Jul 21, 2017 Source:SMM

SHANGHAI, Jul. 21 (SMM) – US Special Prosecutor investigates the Trumps business. The US dollar dipped to 11-month low. Brent oil breached USD 50/mt, the highest from June 7.LME nickel to remain range-bound, and SHFE 1709 nickel should hover between RMB 77,200-78,500/mt, with spot prices between RMB 76,800-79,300/mt.  

LME Nickel Price to Stay at Current Level (2017-7-21)

Price Review & Forecast 09:33:23AM Jul 21, 2017 Source:SMM

SHANGHAI, Jul. 21 (SMM) – US Special Prosecutor investigates the Trumps business. The US dollar dipped to 11-month low. Brent oil breached USD 50/mt, the highest from June 7.LME nickel to remain range-bound, and SHFE 1709 nickel should hover between RMB 77,200-78,500/mt, with spot prices between RMB 76,800-79,300/mt.