Spot Nickel Prices Remain Low, Trades below Market Expectations

게시됨: Mar 3, 2023 12:01
On March 3, premiums of Jinchuan nickel stood at 7,300-7,500 yuan/mt, with an average of 7,400 yuan/mt, 150 yuan/mt lower than the previous trading day.

SHANGHAI, Mar 3 (SMM) – On March 3, premiums of Jinchuan nickel stood at 7,300-7,500 yuan/mt, with an average of 7,400 yuan/mt, 150 yuan/mt lower than the previous trading day.

Those of Nornickel nickel were 4,000-4,200 yuan/mt, with an average of 4,100 yuan/mt, down 900 yuan/mt from the previous trading day.

Sellers refrained from selling recently and spot trades were subdued today.

In terms of nickel briquette, the prices were 188,800-189,100 yuan/mt, down 3,350 yuan/mt. Spot transaction is weak.

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Spot Nickel Prices Remain Low, Trades below Market Expectations - Shanghai Metals Market (SMM)