LME Nickel to Fluctuate around USD 11,000/mt (2017-10-11)

Published: Oct 11, 2017 09:19 (GMT+8)
On Wednesday, LME nickel is expected to fluctuate around USD 11,000/mt, and SHFE 1801 nickel will trade between RMB 87,700-88,700/mt.

SHANGHAI, Oct. 11 (SMM) – Eyes should be on the Seventh Plenary Session of the 18th CPC Central Committee, beginning on Wednesday and to end on October 14.

On Wednesday, LME nickel is expected to fluctuate around USD 11,000/mt, and SHFE 1801 nickel will trade between RMB 87,700-88,700/mt, and in China’s domestic spot market, nickel price is estimated between RMB 87,600-89,000/mt. 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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