SMM Daily Review - 2012/6/15 Nickel Market-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Aluminium
  • Copper scrap
  • Primary lead
  • Copper
  • Customs data
  • Market commentary
  • Nickel
  • price forecast
  • Futures movement
  • MMi Iron Ore Port Index
  • Inventory data
  • Secondary lead
  • Morning comments
  • Evening comments

SMM Daily Review - 2012/6/15 Nickel Market

SMM Insight 09:36:13AM Jun 18, 2012 Source:SMM

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.
 

Key Words:  Jinchuan nickel price 

SMM Daily Review - 2012/6/15 Nickel Market

SMM Insight 09:36:13AM Jun 18, 2012 Source:SMM

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.
 

Key Words:  Jinchuan nickel price