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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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