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Home / Metal News / LME Nickel Prices to Hover at Lows (2017-9-26)

LME Nickel Prices to Hover at Lows (2017-9-26)

Sep 26, 2017 09:39

Source:SMM

Stainless steel sales cooled, with finished-product price down.

SHANGHAI, Sept. 26 (SMM) – Stainless steel sales cooled, with finished-product price down. LME nickel is expected to hover at lows today, weighed down by lower stainless steel prices. SHFE 1801 nickel should hover between RMB 84,300-85,300/mt today, with spot prices between RMB 84,500-85,500/mt.

nickel prices

LME nickel prices

SHFE nickel prices

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

Mar 30, 2016 14:08

Reminder

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

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Mar 29, 2016 15:41

SMM Comments

Chinese Stainless Steel Mills Increase Nickel Plate Purchases, SMM Reports

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Prices for low-grade NPI rose 10 yuan on Mar. 21 in China’s domestic spot market, according to SMM data.

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Industry

Shanghai Spot Nickel Prices to Climb (2016-2-22)

LME nickel is expected to maintain upward momentum on news that the Philippines will reduce nickel ore supply.

Feb 22, 2016 09:52

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Shanghai Spot Nickel Prices to Remain Firm (2016-2-19)

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SMM Comments

Shanghai Spot Nickel Prices to Stabilize (2016-2-4)

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SMM Comments

SHFE Nickel Ends Up 1.66% (Jan. 18, 2016)

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Jan 18, 2016 19:37

SMM Comments

Shanghai Spot Nickel Prices to Rise (2016-1-15)

Risk appetite improved after negative news was absorbed.

Jan 15, 2016 10:13

SMM Comments

SHFE Nickel Up 0.8% (Dec. 31, 2015)

SHFE 1605 nickel opened Wednesday night session at RMB 70,100/mt and then narrowly ranged RMB 69,880-70,400/mt.

Dec 31, 2015 19:05

SMM Comments

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LME Nickel Prices to Hover at Lows (2017-9-26)

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