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Home / Metal News / SMM Daily Review - 2012/4/19 Nickel Market

SMM Daily Review - 2012/4/19 Nickel Market

Apr 20, 2012 09:10

Source:SMM

In the Shanghai nickel market, mainstream traded prices for Jinchuan nickel were between RMB 131000-131300/mt, and RMB 129000-129500/mt for Russian nickel.

SHANGHAI, Apr. 20 (SMM) -- Jinchuan Group cut ex-works nickel prices by RMB 4,000/mt to RMB 130,000/mt yesterday. In the Shanghai nickel market, mainstream traded prices for Jinchuan nickel were between RMB 131000-131300/mt, and RMB 129000-129500/mt for Russian nickel. Markets were cautious toward transactions due to uncertain risk event, keeping overall trading volumes low.

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The Lisbon-based International Nickel Study Group (INSG) released data on Monday March 21, showing that in January 2022, the global nickel market was oversupplied by 6,000 mt, while there was a supply shortage of 5,300 mt in the same period last year.

Mar 22, 2022 11:37

Analysis

INSG：Global Nickel Market was Oversupplied by 6,000 mt In January 2022

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Industry

Indonesia President Re-iterated Bans on Nickel Mineral Exports

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Dec 31, 2021 19:00

SMM Comments

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

BHP Billiton: Demand for Primary Nickel by Battery Industry to Grow over 500% in 2020-2030

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Dec 31, 2021 13:31

Analysis

BHP Billiton: Demand for Primary Nickel by Battery Industry to Grow over 500% in 2020-2030

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Dec 14, 2021 10:00

SMM Comments

SMM Morning Comments (Dec 14): Shanghai Base Metals Basically Trended Lower amid A Cautious Market

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Shanghai base metals basically trended higher on Friday morning. Meanwhile, their counterparts on LME trended mixed.

Dec 10, 2021 10:00

SMM Comments

SMM Morning Comments (Dec 10): Base Metals Fell across the Board amid Stronger Risk Aversion Sentiments

A Philippine Nickel Mine Will be Decommissioned in End-2021, Global Nickel Supply May Tighten Further

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Dec 1, 2021 17:23

Industry

A Philippine Nickel Mine Will be Decommissioned in End-2021, Global Nickel Supply May Tighten Further

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Nov 30, 2021 10:57

Analysis

GEM Plans to Commission Nickel Resource Project in Indonesia in Early 2022

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