Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SMM Daily Review - 2012/2/3 Nickel Market

SMM Daily Review - 2012/2/3 Nickel Market

Feb 6, 2012 09:12

Mainstream traded prices of nickel were between RMB 142,800-143,000/mt and RMB 141,500-141,800/mt for Jinchuan nickel and Russian nickel respectively in Shanghai last Friday.

SHANGHAI, Feb. 6 (SMM) – Mainstream traded prices of nickel were between RMB 142,800-143,000/mt and RMB 141,500-141,800/mt for Jinchuan nickel and Russian nickel respectively in Shanghai last Friday. Nickel prices were little changed during Asian trading hours of the day. Some traders replenished stocks in small amounts as nickel prices dropped and with expectations of nickel purchases from downstream after the Lantern Festival. The overall traded volume stayed light, however.

nickel price

nickel Ni

Jinchuan nickel

Russian nickel

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Spot quotations stood high amid low inventories, downstream demand likely to rebound due to work resumption

Nickel futures prices rose significantly last week and then fell to around 140,000 yuan/mt on February 26, and the spot transactions rebounded. Currently, the downstream industries of refined nickel have fully resumed work, and the orders from alloy casting enterprises are relatively stable as they had restocked before CNY and maintained production in holiday.

time

Mar 2, 2021 13:52

SMM Insight Analysis

Spot quotations stood high amid low inventories, downstream demand likely to rebound due to work resumption

Rising Nickel Price Grows Cautious Buying Interest

Trading sentiment in China’s domestic nickel market was moderate, with SHFE nickel fluctuating.

time

Oct 10, 2017 13:35

Rising Nickel Price Grows Cautious Buying Interest

Nickel Price Advances Following Production Cut News

Nickel Price Advances Following Production Cut News

time

Oct 9, 2017 13:25

Nickel Price Advances Following Production Cut News

Premiums for Russian Nickel in Bonded Area Rise Rapidly

With the opening of profitable import window for several days, premiums for Russian nickel in bonded area rose rapidly.

time

Sep 28, 2017 13:43

Premiums for Russian Nickel in Bonded Area Rise Rapidly

Nickel Purchases Grow for Upcoming One-Week Holiday

On Tuesday, Jinchuan nickel was offered at premiums of RMB 800/mt over Wuxi’s 1710 nickel, and Russian nickel at premiums of RMB 250-300/mt over the same contract.

time

Sep 19, 2017 14:08

Nickel Purchases Grow for Upcoming One-Week Holiday

Nickel Price Hovering at Highs Raises Strong Caution

Nickel price hovered at highs on Friday, and market caution ruled market trading sentiment, with small purchases by alloy and electroplating plants, Shanghai Metals Market learns.

time

Sep 8, 2017 14:11

Nickel Price Hovering at Highs Raises Strong Caution

Jinchuan Nickel Gets Popular on Small Gap over Russian Nickel

On Tuesday, downstream producers were not active in purchases despite price fallback from highs. Some traders chose to sell Russian nickel and buy Jinchuan nickel due to a smaller gap.

time

Sep 5, 2017 15:12

Industry Reminder

Premiums of Russian Nickel Edge Higher, SMM Reports

Premiums of imported Russian nickel traded higher slightly last week due to limited resources, Shanghai Metals Market learns.

time

Sep 4, 2017 13:25

Premiums of Russian Nickel Edge Higher, SMM Reports

Price Spread between Jinchuan and Russian Nickel Narrows, SMM Reports

On Friday, trading picked up in China’s domestic nickel spot market as nickel fell back slightly from highs, Shanghai Metals Market learns.

time

Aug 25, 2017 13:52

Industry Reminder

Price Spread between Jinchuan and Russian Nickel Narrows, SMM Reports

Rapid Price Rises Grow Cautious Buying Attitude in Nickel Market, SMM Reports

On Thursday’s morning business, premiums of Jinchuan nickel were down sharply after sharp gains in overnight trading.

time

Aug 17, 2017 13:30

Industry Reminder

Rapid Price Rises Grow Cautious Buying Attitude in Nickel Market, SMM Reports

SMM Events & Webinars

Sep
15
- NET ZERO CHINA Field Trip
  Sep 15 - 19,2025
  中国
Sep
16
- SMM Indonesia Seminar: Li-ion Battery & Energy Storage
  Sep 16 - 16,2025
  Jakarta, Indonesia
Sep
26
- 2025 ASIA BATTERY MATERIAL COOPERATION SALON
  Sep 26 - 26,2025
  Time：9.26 2025 Place：Seoul， South Korea
  Seoul， South Korea

MOST POPULAR

1.Benchmarking Analysis Of the Development Direction Of MHP And Nickel Matte

2.Technical Due Diligence Survey Of Nickel Product Unit

3.Long-term Price Forecast Of Nickel Industry

4.Feasibility Study Of Nickel Industry Investment

5.Indonesia Ni Industry Analysis

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.