LME Nickel Prices to Hover at Lows (2017-9-25)

SHANGHAI, Sept. 25 (SMM) – No solid macroeconomic news will be released during Asian trading hours. IFP business climate index for Germany slated for release today is expected to improve. LME nickel is expected to hover at lows today, weighed down by lower stainless steel prices. SHFE 1801 nickel should hover between RMB 83,800-84,500/mt today, with spot prices between RMB 83,600-84,500/mt.