LME Nickel Prices to Hover at Lows (2017-9-22)

Published: Sep 22, 2017 09:23
Gold price rose. Stainless steel consumption weakened recently, with prices continuing falling and narrowing its profit.

SHANGHAI, Sept. 22 (SMM) – Gold price rose. Stainless steel consumption weakened recently, with prices continuing falling and narrowing its profit. LME nickel is expected to hover around USD 10,800/mt today. SHFE 1801 nickel should hover between RMB 84,200-85,600/mt today, with spot prices between RMB 85,000-86,700/mt.  

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