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SMM Daily Review - 2012/5/18 Nickel Market
May 21,2012 09:20CST
smm insight
Source: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.

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.
 

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