LME Nickel Prices to Hover at Highs (2017-9-8)

Published: Sep 8, 2017 09:20
The number of US initial jobless claims increased due to hurricane, posting the biggest growth in 5 years, weighing down the US dollar.

SHANGHAI, Sept. 8 (SMM) – The number of US initial jobless claims increased due to hurricane, posting the biggest growth in 5 years, weighing down the US dollar. Chinese yuan surged above 6.49, and gold rose. LME nickel will fluctuate at highs today. SHFE 1801 nickel should fluctuate between RMB 94,700-96,200/mt today, with spot prices between RMB 94,300-95,400/mt.  

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LME Nickel Prices to Hover at Highs (2017-9-8) - Shanghai Metals Market (SMM)