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Home / Metal News / [Ni] CBI Morning Review - 2009/4/28 Nickel Market

[Ni] CBI Morning Review - 2009/4/28 Nickel Market

iconApr 28, 2009 00:00
Source:上海有色金属网

SHANGHAI, Apr. 28 (CBI China) -- Last night, base metals prices still faced corrections, and continued to move downward sharply, but slowed the declines in closing trading due to concern on the spreading swine flu. Nickel price received support at 20-day average line with upward momentum. The traded price for nickel will likely rebound slightly due to the approach of domestic holiday and the upcoming pressure test results released by the U.S. next week. Nickel price is expected to move in the USD 10,800-11,500/mt range.

 

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