Shanghai nickel spot news on the 4th of SMM7

SMM7, April 4, news:

Russian nickel than Shanghai nickel 1908 discount 400-300 yuan / ton. Jinchuan nickel than Shanghai nickel 1908 contract generally reported a rise of 2500 to 2700 yuan / ton, early trading hours, the price around 98200 yuan / ton volatility, due to the first half of the week trading improved, today's nickel price rose to curb downstream purchasing sentiment, early trading hours trading light. Due to the tight supply of nickel in Jinchuan, the quoted price of the holder is quite different, the rising water is 2500 yuan / ton, and some of the cargo holders are quoted as rising water 3000 yuan / ton, the price is not in the market. In the second trading period, prices fell, market activity improved slightly, Russian nickel continued to trade actively with the mainstream discount of 400yuan / ton, Jinchuan Shengshui continued to raise, although Jinchuan factory price was 100000 yuan / ton, up 500yuan / ton from yesterday, but the market welcome supply is tight, the mainstream transaction at 97600100500 yuan / ton.

(Shanghai SMM Network Duan Chunjing TEL:021-51666896 QQ: 2880505538)

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