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SMM Daily Review - 2012/6/15 Nickel Market

iconJun 18, 2012 09:36
Source:SMM
Last Friday, mainstream prices of Jinchuan nickel were between RMB 124,500-124,700/mt, while mainstream Russian nickel prices were between RMB 121,500-121,800/mt.

SHANGHAI, Jun. 18 (SMM) -- Last Friday, mainstream prices of Jinchuan nickel were between RMB 124,500-124,700/mt, while mainstream Russian nickel prices were between RMB 121,500-121,800/mt. The market was cautious as Greece’s general election was going to take place at the weekend; traders were unwilling to move goods due to narrowing arbitrage room, so goods supplies in the market was tight, with transactions still muted.
 

Jinchuan nickel price

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