SMM Daily Review - 2012/5/16 Zinc Market-Shanghai Metals Market

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SMM Daily Review - 2012/5/16 Zinc Market

SMM Insight 09:47:26AM May 17, 2012 Source:SMM

SHANGHAI, May 17 (SMM) -- On Wednesday, mainstream traded prices of Jinchuan nickel were between RMB 126,500-126,700/mt in the morning session, while mainstream Russian nickel prices were between RMB 124,300-124,700/mt. Downstream buying interest improved as spot nickel prices were extremely low, causing trading volumes to increase. Traders did not hold goods.
 

Key Words:  nickel  

SMM Daily Review - 2012/5/16 Zinc Market

SMM Insight 09:47:26AM May 17, 2012 Source:SMM

SHANGHAI, May 17 (SMM) -- On Wednesday, mainstream traded prices of Jinchuan nickel were between RMB 126,500-126,700/mt in the morning session, while mainstream Russian nickel prices were between RMB 124,300-124,700/mt. Downstream buying interest improved as spot nickel prices were extremely low, causing trading volumes to increase. Traders did not hold goods.
 

Key Words:  nickel