SMM Daily Review - 2012/7/10 Nickel Market-Shanghai Metals Market

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SMM Daily Review - 2012/7/10 Nickel Market

Price Review & Forecast 09:45:52AM Jul 11, 2012 Source:SMM

SHANGHAI, Jul. 11 (SMM) -- On Tuesday, mainstream prices of Jinchuan nickel were between RMB 121,100-121,400/mt in the morning session, while mainstream Russian nickel prices were between RMB 118,300-118,400/mt. With sluggish downstream demand, spot prices did not rise but fell due to a wait-and-see sentiment, and downstream buying interest was low, combined with falling LME nickel prices, transactions were extremely quiet. 
 

Key Words:  Jinchuan nickel  nickel prices 

SMM Daily Review - 2012/7/10 Nickel Market

Price Review & Forecast 09:45:52AM Jul 11, 2012 Source:SMM

SHANGHAI, Jul. 11 (SMM) -- On Tuesday, mainstream prices of Jinchuan nickel were between RMB 121,100-121,400/mt in the morning session, while mainstream Russian nickel prices were between RMB 118,300-118,400/mt. With sluggish downstream demand, spot prices did not rise but fell due to a wait-and-see sentiment, and downstream buying interest was low, combined with falling LME nickel prices, transactions were extremely quiet. 
 

Key Words:  Jinchuan nickel  nickel prices