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SMM Daily Review - 2012/4/19 Nickel Market
Apr 20,2012 09:10CST
smm insight
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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