LME Nickel to Rise (2017-8-29)-Shanghai Metals Market

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Home > News > Price Review & Forecast > LME Nickel to Rise (2017-8-29)

LME Nickel to Rise (2017-8-29)

Price Review & Forecast 10:08:22AM Aug 29, 2017 Source:SMM

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)

Key Words: SHFE nickel prices nickel prices Ni price base metal price forecast

Relative News

Price

SMM #1 Nickel

Aug.16

126650.0

3000.0

(2.43%)

#1 JinChuan Nickel

Aug.16

127200.0

2900.0

(2.33%)

#1 Import Nickel

Aug.16

126050.0

3050.0

(2.48%)

JinChuan B&C

Aug.16

1250.0

-100.0

(-7.41%)

Russian nickel premium

Aug.16

125.0

0.0

(0.00%)

LME Nickel to Rise (2017-8-29)

Price Review & Forecast 10:08:22AM Aug 29, 2017 Source:SMM

Key Words: SHFE nickel prices nickel prices Ni price base metal price forecast