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Home / Metal News / SMM Daily Review - 2012/3/28 Nickel Market

SMM Daily Review - 2012/3/28 Nickel Market

Mar 29, 2012 09:04

In the Shanghai nickel market, mainstream traded prices of Jinchuan nickel were between RMB 132,000-132,500/mt, and RMB 131,300-131,500/mt for Russian nickel.

SHANGHAI, Mar. 29 (SMM) -- In the Shanghai nickel market, mainstream traded prices of Jinchuan nickel were between RMB 132,000-132,500/mt, and RMB 131,300-131,500/mt for Russian nickel. In the afternoon business, domestic spot nickel prices were little changed as LME nickel prices kept fluctuating. Market trading was cautious given previous day’s plunge in LME nickel prices, with trading volumes remaining limited.

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