SMM Daily Review - 2012/5/17 Nickel Market-Shanghai Metals Market

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SMM Daily Review - 2012/5/17 Nickel Market

SMM Insight 08:57:47AM May 18, 2012 Source:SMM

SHANGHAI, May 18 (SMM) -- On Thursday, 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 124,400-124,600/mt. A wait-and-see sentiment grew in the market as LME nickel prices hit record lows, with traders and downstream buyers cautious.
 

Key Words:  nickel  

SMM Daily Review - 2012/5/17 Nickel Market

SMM Insight 08:57:47AM May 18, 2012 Source:SMM

SHANGHAI, May 18 (SMM) -- On Thursday, 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 124,400-124,600/mt. A wait-and-see sentiment grew in the market as LME nickel prices hit record lows, with traders and downstream buyers cautious.
 

Key Words:  nickel