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SMM Daily Review - 2012/6/12 Nickel Market

iconJun 13, 2012 09:29
Source:SMM
On Tuesday, Mainstream prices of Jinchuan nickel were between RMB 124,200-124,700/mt, while mainstream Russian nickel prices were between RMB 121,300-121,700/mt.

SHANGHAI, Jun. 13 (SMM) -- On Tuesday, Mainstream prices of Jinchuan nickel were between RMB 124,200-124,700/mt, while mainstream Russian nickel prices were between RMB 121,300-121,700/mt. Prices did not fluctuate significantly in the midday, but market optimism improved as LME nickel prices closed with gains. Downstream buying interest grew, and transactions increased. Price spread between Jinchuan nickel and Russian nickel narrowed as demand turned around.
 

Jinchuan nickel
nickel price

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