Home / Metal News / SMM Daily Review - 2012/6/29 Nickel Market

SMM Daily Review - 2012/6/29 Nickel Market

iconJul 2, 2012 10:00
Last Friday, mainstream prices of Jinchuan nickel were between RMB 121,500-121,700/mt in the morning session.

SHANGHAI, Jul. 2 (SMM) -- Last Friday, mainstream prices of Jinchuan nickel were between RMB 121,500-121,700/mt in the morning session, while mainstream Russian nickel prices were between RMB 118,000-118,300/mt. As LME nickel prices rose in the afternoon, quotes of Jinchuan nickel rose to RMB 121,800/mt, while quotes for Russian nickel surged to RMB 118,800/mt. Although traders raised prices, downstream buyers were cautious, leaving transactions muted.
 

Jinchuan nickel
Jinchuan group
nickel prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news