LME Nickel to Rise (2017-8-29)

Published: Aug 29, 2017 10:08

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Environmental crackdowns are turning market worried over NPI output in China.

SHANGHAI, Aug. 29 (SMM) – Environmental crackdowns are turning market worried over NPI output in China. LME nickel should rise today after corrections last Friday. SHFE 1801 nickel should range RMB 94,500-95,500/mt. Spot nickel prices will be RMB 92,700-93,800/mt in domestic market.

Key Macroeconomic Indicators for Base Metal Prices (2016-8-29)

SHFE nickel prices nickel prices Ni price base metal price forecast

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