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Home / Metal News / SMM Daily Review - 2012/5/8 Nickel Market

SMM Daily Review - 2012/5/8 Nickel Market

May 9, 2012 09:41

Source:SMM

On Tuesday, mainstream traded prices of Jinchuan nickel were between RMB 130,600-130,800/mt in the morning session,.

SHANGHAI, May 9 (SMM) -- On Tuesday, mainstream traded prices of Jinchuan nickel were between RMB 130,600-130,800/mt in the morning session, while mainstream Russian nickel prices were between RMB 128,500-128,800/mt. ex-work prices of Jinchuan nickel were RMB 133,000/mt, much higher than mainstream market prices, with traders unwilling to lower prices. In this context, transactions were quiet, and traders were holding goods.

nickel

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Shanghai base metals all trended higher on Monday morning boosted by the unexpectedly low US employment data. Meanwhile, their counterparts on LME trended mixed.

Oct 11, 2021 09:59

SMM Comments

SMM Morning Comments (Oct 11): Base Metals Rose across the Board on Low Employment Data

SMM Evening Comments (Oct 8): Shanghai Nonferrous Metals Closed with Gains amid Mitigated US Debt Risks

Shanghai nonferrous metals closed all in the positive territory as the US debt risks have been contemporarily mitigated.

Oct 8, 2021 19:00

SMM Comments

SMM Evening Comments (Oct 8): Shanghai Nonferrous Metals Closed with Gains amid Mitigated US Debt Risks

SMM Morning Comments (Sep 15): Base Metals Fell across the Board against Peaking Inflation

Shanghai base metal basically trended lower on Wednesday morning against the lower-than-expected US CPI increase in August. Meanwhile, their counterparts on LME mostly cruised higher.

Sep 15, 2021 10:00

SMM Comments

SMM Morning Comments (Sep 15): Base Metals Fell across the Board against Peaking Inflation

Import Window Remained Open to Drive Continued Declines in Pure Nickel Inventory from Bonded Zones

According to SMM survey, import profits rose as the SHFE/LME nickel price ratio advanced this week. In addition, traders that had locked in the SHFE/LME price ratio last week moved goods into the domestic market for delivery.

Sep 10, 2021 17:01

Analysis

Import Window Remained Open to Drive Continued Declines in Pure Nickel Inventory from Bonded Zones

SMM Morning Comments (Sep 8): Most SHFE Base Metals Ended Lower as US Dollar Rebounded for Two Consecutive Days

Shanghai base metals mostly fell in the evening trading on Tuesday as the US dollar index rebounded for two consecutive days.

Sep 8, 2021 09:56

SMM Comments

SMM Morning Comments (Sep 8): Most SHFE Base Metals Ended Lower as US Dollar Rebounded for Two Consecutive Days

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Sep 3, 2021 17:28

Analysis

Philippine Nickel Output Surged 39% and Copper Output Plummeted 24% YoY

Nickel Inventory in Bonded Zone Declined amid Wider Import Profits

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Sep 3, 2021 15:47

Analysis

Nickel Inventory in Bonded Zone Declined amid Wider Import Profits

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SMM Daily Review - 2012/5/8 Nickel Market

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2nd Li-ion Battery Europe 2024

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