SHFE Nickel to Trade at Wide Range (2017-8-14)

Published: Aug 14, 2017 09:24
LME nickel will see range-bound trading and SHFE 1801 nickel will trade at RMB 86,000-87,500/mt.

SHANGHAI, Aug. 14 (SMM) – Attentions should be on China’s total retail sales of consumer goods and added value at above-scale industrial enterprises on Monday. LME nickel will see range-bound trading and SHFE 1801 nickel will trade at RMB 86,000-87,500/mt.

In China’s domestic market, spot nickel should trade at RMB 84,800-86,400/mt.

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