Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Nickel to Rise (2017-8-29)

LME Nickel to Rise (2017-8-29)

Aug 29, 2017 10:08

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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Beijing, Tianjin and Hebei began their 11 th round of environmental crackdowns on September 1.

Sep 4, 2017 09:41

SMM Comments

Nickel Prices to Continue Rising (2017-9-4)

Nickel Prices to Stay Firm (2017-8-30)

One high-grade NPI producer in Shandong’s Binzhou reopened after environmental protection inspection team left.

Aug 30, 2017 09:37

SMM Comments

Base Metals Get Support from Falling Dollar, SMM Says

Base metal prices on the SHFE are expected to get a boost from weak dollar on Thursday, Shanghai Metals Market foresees.

Aug 18, 2016 09:23

Industry

SHFE Tin to Hold Firm (2016-8-17)

Market will eye minutes of the US Fed’s latest policy meeting. LME tin will test support at USD 18,000/mt.

Aug 17, 2016 09:17

SMM Comments

SHFE Tin to Remain under Downward Pressure (2016-8-4)

It is widely expected that the BOE will cut interest rate during its August meeting. LME tin will test resistance at USD 18,200/mt.

Aug 4, 2016 09:35

SMM Comments

SHFE Aluminum to Face Short Selling (2016-7-22)

SHFE 1609 aluminum will drop to RMB 12,200-12,370/mt as short momentum is growing.

Jul 22, 2016 09:37

SMM Comments

SHFE Tin to Face Downward Pressure (2016-7-6)

SHFE 1609 tin continued falling during Tuesday’s night session and should move at RMB 115,000-118,000/mt today.

Jul 6, 2016 09:20

SMM Comments

SHFE Tin to Face Downward Corrections (2016-7-4)

US market is closed today for the Independence Day.

Jul 4, 2016 09:27

SMM Comments

LME Aluminum to Move Wildly (2016-7-1)

Manufacturing PMIs from major economies to be released today will leave LME aluminum moving in a wide range of USD 1,635-1,660/mt.

Jul 1, 2016 09:22

SMM Comments

LME Nickel to Return to Rise (2016-4-22)

ECB President’s speech may hint at more monetary stimulus.

Apr 22, 2016 09:28

SMM Comments

SMM Events & Webinars

All

Sep
15
- NET ZERO CHINA Field Trip
  Sep 15 - 19,2025
  中国
Sep
16
- SMM Indonesia Seminar: Li-ion Battery & Energy Storage
  Sep 16 - 16,2025
  Jakarta, Indonesia
Sep
26
- 2025 ASIA BATTERY MATERIAL COOPERATION SALON
  Sep 26 - 26,2025
  Time：9.26 2025 Place：Seoul， South Korea
  Seoul， South Korea

LME Nickel to Rise (2017-8-29)

SMM Events & Webinars

NET ZERO CHINA Field Trip

SMM Indonesia Seminar: Li-ion Battery & Energy Storage

2025 ASIA BATTERY MATERIAL COOPERATION SALON