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

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

Price Review & Forecast 09:35:28AM Aug 09, 2017 Source:SMM

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.  

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

Price Review & Forecast 09:35:28AM Aug 09, 2017 Source:SMM

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.