LME Nickel Prices to Hover at Highs (2017-9-1)

Published: Sep 1, 2017 09:59

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Caixin’s manufacturing PMI for China due for release today is expected to expand.

SHANGHAI, Sept. 1 (SMM) – Caixin’s manufacturing PMI for China due for release today is expected to expand. SMM finds it is unclear how much nickel output was affected by environmental protection and how long the effect will last, but the market is still subject to such inspections. LME nickel will hover at highs. SHFE 1801 nickel should fluctuate between RMB 93,500-94,500/mt today, with spot prices between RMB 92,500-93,000/mt.

nickel prices LME nickel prices SHFE nickel prices

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