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

Sep.20

137100.0

450.0

(0.33%)

#1 JinChuan Nickel

Sep.20

137250.0

450.0

(0.33%)

#1 Import Nickel

Sep.20

136950.0

450.0

(0.33%)

JinChuan B&C

Sep.20

750.0

0.0

(0.00%)

Russian nickel premium

Sep.20

500.0

50.0

(11.11%)

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