SMM Daily Review - 2012/5/29 Nickel Market-Shanghai Metals Market

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SMM Daily Review - 2012/5/29 Nickel Market

SMM Insight 09:38:38AM May 30, 2012 Source:SMM

SHANGHAI, May 30 (SMM) -- On Tuesday, mainstream traded prices of Jinchuan nickel were between RMB 124,500-124,700/mt, while mainstream Russian nickel prices were between RMB 126,500-126,800/mt. Transactions were muted recently and inquiries decreased. But since Chinese government is expected to release some policies stimulating economic growth, some market players are optimistic.

 

Key Words:  nickel  

SMM Daily Review - 2012/5/29 Nickel Market

SMM Insight 09:38:38AM May 30, 2012 Source:SMM

SHANGHAI, May 30 (SMM) -- On Tuesday, mainstream traded prices of Jinchuan nickel were between RMB 124,500-124,700/mt, while mainstream Russian nickel prices were between RMB 126,500-126,800/mt. Transactions were muted recently and inquiries decreased. But since Chinese government is expected to release some policies stimulating economic growth, some market players are optimistic.

 

Key Words:  nickel