SHFE 1801 Nickel to Fluctuate at Highs (2017-8-9)

Published: Aug 9, 2017 09:35
Nonferrous metals soared overnight due to earthquake in Sichuan, with aluminum and nickel leading gains.

SHANGHAI, Aug. 9 (SMM) – Nonferrous metals soared overnight due to earthquake in Sichuan, with aluminum and nickel leading gains. LME nickel will hold strong today, and SHFE 1801 nickel should hover between RMB 87,600-89,200/mt, with spot prices between RMB 85,800-88,400/mt.  

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SHFE 1801 Nickel to Fluctuate at Highs (2017-8-9) - Shanghai Metals Market (SMM)