SHANGHAI, May 15 (SMM) – China, Saudi Arabia and Russia support prolonging oil cut agreement to 2018. NYMEX oil prices strengthened. LME nickel should stay range-bound today, and SHFE 1709 nickel should hover between RMB 76,100-77,300/mt, with spot prices between RMB 74,600-77,800/mt.

![[SMM Analysis] PPI Mỹ vượt kỳ vọng, thúc đẩy kỳ vọng tăng lãi suất, giá niken chịu áp lực nặng nề trong tuần này](https://imgqn.smm.cn/usercenter/qLeLR20251217171733.jpg)
