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SMM Daily Review - 2012/4/12 Nickel Market
Apr 13,2012 09:04CST
smm insight
Source:SMM
In the Shanghai nickel market, mainstream traded prices for Jinchuan nickel were between RMB 131300-131500/mt, and RMB 129500-129800/mt for Russian nickel.

SHANGHAI, Apr. 13 (SMM) -- In the Shanghai nickel market, mainstream traded prices for Jinchuan nickel were between RMB 131,300-131,500/mt, and RMB 129,500-129,800/mt for Russian nickel. In the afternoon business, traders became unwilling to sell goods in the face of continuous rises in LME nickel prices. As a result, overall transaction volumes were still limited despite more downstream inquiries.

 

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