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Nickel Prices to Rise (2017-8-22)

iconAug 22, 2017 09:41
Source:SMM
Ferrous metals continued rising. China’s NPI market is supply deficit. Stainless steel plants produce actively due to high profit.

SHANGHAI, Aug. 22 (SMM) – Ferrous metals continued rising. China’s NPI market is supply deficit. Stainless steel plants produce actively due to high profit. LME nickel will rise to USD 11,400/mt today, and SHFE 1801 nickel should hover between RMB 91,200-92,600/mt, with spot prices between RMB 90,200-91,600/mt.  

nickel prices
LME nickel prices
SHFE nickel prices

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