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Home / Metal News / LME Nickel to Fluctuate at Current Level (2017-8-15)

LME Nickel to Fluctuate at Current Level (2017-8-15)

iconAug 15, 2017 09:24
Source:SMM
New York Fed’s Robert Dudley said he support the Fed to raise interest rate for another time this year if economic growth remains on track, leaving the US dollar strong and weighing down ferrous metal

SHANGHAI, Aug. 15 (SMM) – New York Fed’s Robert Dudley said he support the Fed to raise interest rate for another time this year if economic growth remains on track, leaving the US dollar strong and weighing down ferrous metals. LME nickel will fluctuate above USD 10,350/mt today, and SHFE 1801 nickel should hover between RMB 84,000-85,400/mt, with spot prices between RMB 82,400-85,000/mt.  

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