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SMM Daily Review - 2012/5/25 Nickel Market
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.
SMM Daily Review - 2012/5/25 Nickel Market
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.
