LME Nickel to Stay Range-Bound (2017-10-23)

Published: Oct 23, 2017 09:37
Shinzo Abe is expected to be re-elected as Japanese Prime Minister.

SHANGHAI, Oct. 23 (SMM) – Shinzo Abe is expected to be re-elected as Japanese Prime Minister. The Japanese yen fell, while the US dollar jumped. Chinese yuan depreciated this morning. LME nickel will move above USD 11,600/mt today. SHFE 1801 nickel will fluctuate between RMB 93,600-95,200/mt today, with spot prices between RMB 93,400-94,800/mt. 

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LME Nickel to Stay Range-Bound (2017-10-23) - Shanghai Metals Market (SMM)