SHFE 1801 Nickel to Fluctuate at Highs (2017-8-10)

Published: Aug 10, 2017 09:41 (GMT+8)

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China’s July CPI slowed for the first time from March 2017, and PPI rose.

SHANGHAI, Aug. 10 (SMM) – China’s July CPI slowed for the first time from March 2017, and PPI rose. Onshore yuan breached 6.68, the highest over the past 10.5 months. LME nickel will fluctuate at highs today, and SHFE 1801 nickel should hover between RMB 87,350-88,500/mt, with spot prices between RMB 85,800-87,400/mt.

nickel prices LME nickel prices SHFE nickel prices

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