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

LME Nickel to Rise (2017-8-29)

Aug 29, 2017 10:08

Source:SMM

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

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base metal price forecast

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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

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

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Apr 22, 2016 09:28

SMM Comments

SHFE Nickel to Face Profit-Taking at Highs (2016-4-19)

SHFE 1609 nickel contract is expected to move at RMB 70,500-72,500/mt on Tuesday, with longs expected to take profit at highs.

Apr 19, 2016 09:31

SMM Comments

SHFE 1609 Nickel Experiences Roller Coaster Ride (2016-4-18)

SHFE 1609 nickel dived to RMB 69,530/mt after opening at RMB 70,330/mt during last Friday’s night session.

Apr 18, 2016 18:30

SMM Comments

SHFE Nickel to Head for Declines (2016-4-18)

Crude oil prices tumbled as Doha meeting dashed prospects for oil output cut, while gold gained favor.

Apr 18, 2016 09:32

SMM Comments

Jinchuan Group Cuts Nickel Price by 500 yuan on Mar. 30

Jinchuan Group cut its ex-works prices by 500 yuan per tonne on Mar. 30.

Mar 30, 2016 14:08

Reminder

SHFE Aluminum to Gather Strength on Softer Dollar (2016-3-30)

US Fed Chair Yellen’s cautious attitude toward rate hike path will soften the US dollar.

Mar 30, 2016 09:26

SMM Comments

SHFE Nickel Closes with Small Gains (Mar. 29, 2016)

SHFE 1605 nickel started at RMB 68,180/mt overnight and then narrowly ranged RMB 68,100-68,300/mt.

Mar 29, 2016 15:41

SMM Comments

Chinese Stainless Steel Mills Increase Nickel Plate Purchases, SMM Reports

Medium and large Chinese stainless steel mills have increased purchases of nickel plate recently in the Shanghai market, according to survey by Shanghai Metals Market.

Mar 29, 2016 13:43

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