Home / Metal News / Tin / SMM Daily Review - 2012/7/3 Nickel Market
SMM Daily Review - 2012/7/3 Nickel Market
Jul 4,2012 09:42CST
price review forecast
Source:SMM
On Tuesday, mainstream prices of Jinchuan nickel were between RMB 122,300-122,500/mt in the morning session.

SHANGHAI, Jul. 4 (SMM) -- On Tuesday, mainstream prices of Jinchuan nickel were between RMB 122,300-122,500/mt in the morning session, while mainstream Russian nickel prices were between RMB 120,000-120,200/mt. Traders were actively moving goods in the morning, but downstream buyers were cautious at higher prices, leaving transactions quiet. As LME nickel prices rose by nearly RMB 300/mt in the afternoon, spot prices were raised in response. Mainstream prices of Jinchuan nickel rose to RMB 122,700-123,000/mt, while quotes for Russian nickel surged to RMB 120,800-121,000/mt. Transactions were actively made among traders, but downstream buying interest was still low.
 

Jinchuan nickel price
Jinchuan Group
nickel price
LME nickel price

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news