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.
SMM Daily Review - 2012/6/29 Nickel Market
