Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SHFE Nickel to Move at Highs (2017-10-10)

SHFE Nickel to Move at Highs (2017-10-10)

Oct 10, 2017 09:34

Source:SMM

Nickel producers in Shandong’s Linyi are required to cut output by 50% in the following 4 months, which is more significantly than expected.

SHANGHAI, Oct. 10 (SMM) – Nickel producers in Shandong’s Linyi are required to cut output by 50% in the following 4 months, which is more significantly than expected. LME nickel will find solid support from the 60-day moving average today. SHFE 1801 nickel will fluctuate between RMB 87,700-89,000/mt today, with spot prices between RMB 87,600-89,400/mt.

nickel prices

LME nickel prices

SHFE nickel prices

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SHFE 1701 Nickel to Rebound (2016-9-13)

The US dollar index weakened overnight due to Fed official’s dovish statement. Crude oil erased some losses.

Sep 13, 2016 09:18

SMM Comments

Shanghai Spot Nickel to Rise (2016-9-2)

Crude oil slumped due to oversupply.

Sep 2, 2016 09:17

SMM Comments

3% Chinese Market Players Optimistic toward Nickel, SMM Surveys

SMM surveyed 30 market participants to find that 1 are bullish toward nickel price this week, 13 are neutral and 16 are bearish.

Aug 23, 2016 10:25

SMM Comments

SHFE Nickel Ends Lower (2016-8-15)

SHFE 1701 nickel started at RMB 80,710/mt and then posted gains. During the afternoon business, SHFE 1701 nickel fluctuated at RMB 81,200-81,600/mt and ended at RMB 80,850/mt, down 2.91%.

Aug 15, 2016 17:19

SMM Comments

SHFE Nickel Ends with Losses (2016-8-12)

SHFE 1701 nickel started at RMB 83,650/mt and dropped below the 20-day moving average to a session-low of RMB 82,600/mt later before finally closding at RMB 83,100/mt, down 1.25%.

Aug 12, 2016 15:49

SMM Comments

SHFE Nickel Closes with Gains (2016-8-9)

SHFE 1701 nickel started at RMB 84,190/mt and later dived to a session-low of RMB 83,310/mt before ending at RMB 83,790/mt, up 0.11%.

Aug 9, 2016 17:28

SMM Comments

SHFE Nickel Edges down (Jul. 14 , 2016)

SHFE 1609 nickel opened at RMB 80,800/mt overnight and then ranged between RMB 80,200-81,100/mt.

Jul 14, 2016 17:45

SMM Comments

SHFE Nickel Trades Higher (Jun. 21 , 2016)

SHFE 1609 nickel started at RMB 72,800/mt and ranged RMB 72,400-72,900/mt, to end at RMB 72,820/mt.

Jun 21, 2016 17:32

SMM Comments

SHFE Copper Trades Lower (Jun. 14, 2016)

Overnight, SHFE 1608 copper started lower at RMB 35,200/mt and grew to RMB35,540/mt, to end at RMB 35,390/mt, up RMB 110/mt.

Jun 14, 2016 16:42

SMM Comments

33% Market Players in China Bullish toward Nickel, SMM Survey

SMM surveyed 30 market players to find that 10 are bullish, 15 are neutral and 5 are bearish.

Jun 7, 2016 10:40

SMM Comments

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

SHFE Nickel to Move at Highs (2017-10-10)

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo