Norilsk nickel in the Shanghai market traded at a discount of about 400 yuan/mt against the Wuxi 1804 contract on Monday March 19, while Jinchuan stayed flat at 101,500 yuan/mt.
price review forecast
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SMM Evening Comments
Imported blister copper refining charges rise to $240-250/mt cif.
Nickel prices faced downward pressure recently as nickel ore imports from the Philippines are likely to pick up when the weather improves, an SMM survey showed
Tin spot market in Shanghai
Prices of zinc futures in the Shanghai market are likely to stablise, from declines in March, as demand grows and consumption improves, SMM data showed.
Nickel spot market in Shanghai
Operating rates at silicon producers in Yunnan province remained low due to power shortage as it is still sometime away from the wet season, SMM learned.
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