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Home / Metal News / SMM Daily Review - 2012/5/18 Nickel Market

SMM Daily Review - 2012/5/18 Nickel Market

May 21, 2012 09:20

Last Friday, mainstream traded prices of Jinchuan nickel were between RMB 126,800-127,000/mt, while mainstream Russian nickel prices were between RMB 124,600-124,800/mt.

SHANGHAI, May 21 (SMM) -- Last Friday, mainstream traded prices of Jinchuan nickel were between RMB 126,800-127,000/mt, while mainstream Russian nickel prices were between RMB 124,600-124,800/mt. Spot nickel prices were close to the previous day, and the Shanghai/LME nickel price ratio continued to drop. Downstream buying interest improved due to low prices, causing transactions to improve.

nickel

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