SMM Daily Review - 2012/6/6 Nickel Market-Shanghai Metals Market

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SMM Daily Review - 2012/6/6 Nickel Market

SMM Insight 09:42:27AM Jun 07, 2012 Source:SMM

SHANGHAI, Jun. 7 (SMM) -- On Wednesday, mainstream prices of Jinchuan nickel were between RMB 121,800-122,000/mt, while mainstream Russian nickel prices were between RMB 118,300-118,500/mt. In the afternoon, Jinchuan nickel prices fell slightly to RMB 121,800/mt, and Russian nickel prices slid to RMB 118,200/mt. Traders buying Russian nickel increased recently, especially price spread between Russian nickel and Jinchuan nickel expanded to RMB 3,500/mt after goods arrivals flew into the market.
 

Key Words:  nickel 

Price

more
62% Fe Fines (Qingdao Port): IOPI62
May.17
729.0
17.0
(2.39%)
62% Fe Fines (Qingdao Port, CFR Equiv.)
May.17
97.9
2.1
(2.22%)
58% Fe Fines (Qingdao Port): IOPI58
May.17
624.0
2.0
(0.32%)
58% Fe Fines (Qingdao Port, CFR Equiv.)
May.17
84.2
0.1
(0.08%)
65% Fe Fines (Qingdao Port): IOPI65
May.17
813.0
24.0
(3.04%)

SMM Daily Review - 2012/6/6 Nickel Market

SMM Insight 09:42:27AM Jun 07, 2012 Source:SMM

SHANGHAI, Jun. 7 (SMM) -- On Wednesday, mainstream prices of Jinchuan nickel were between RMB 121,800-122,000/mt, while mainstream Russian nickel prices were between RMB 118,300-118,500/mt. In the afternoon, Jinchuan nickel prices fell slightly to RMB 121,800/mt, and Russian nickel prices slid to RMB 118,200/mt. Traders buying Russian nickel increased recently, especially price spread between Russian nickel and Jinchuan nickel expanded to RMB 3,500/mt after goods arrivals flew into the market.
 

Key Words:  nickel