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

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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)

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)