SMM Daily Review - 2012/5/25 Nickel Market-Shanghai Metals Market

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SMM Daily Review - 2012/5/25 Nickel Market

SMM Insight 09:35:57AM May 28, 2012 Source:SMM

SHANGHAI, May 28 (SMM) -- Last Friday, mainstream traded prices of Jinchuan nickel were between RMB 126,400-126,800/mt, while mainstream Russian nickel prices were between RMB 124,300-124,500/mt. As some traders were unwilling to sell goods, Jinchuan's nickel was quoted as high as RMB 127,000/mt in the morning session. Downstream buyers were cautious due to unclear prices, keeping transactions muted.
 

Key Words:  nickel  

SMM Daily Review - 2012/5/25 Nickel Market

SMM Insight 09:35:57AM May 28, 2012 Source:SMM

SHANGHAI, May 28 (SMM) -- Last Friday, mainstream traded prices of Jinchuan nickel were between RMB 126,400-126,800/mt, while mainstream Russian nickel prices were between RMB 124,300-124,500/mt. As some traders were unwilling to sell goods, Jinchuan's nickel was quoted as high as RMB 127,000/mt in the morning session. Downstream buyers were cautious due to unclear prices, keeping transactions muted.
 

Key Words:  nickel