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SMM Daily Review - 2012/7/12 Nickel Market
Jul 13,2012 09:32
CSTprice review forecast
Source:SMM
On Thursday, Jinchuan Group lowered nickel ex-work prices to RMB 119,000/mt, down RMB 3,000/mt.
SHANGHAI, Jul. 13 (SMM) -- On Thursday, Jinchuan Group lowered nickel ex-work prices to RMB 119,000/mt, down RMB 3,000/mt. Mainstream prices of Jinchuan nickel were between RMB 120,000-120,300/mt in the morning session, while mainstream Russian nickel prices were between RMB 117,200-117,400/mt. Mainstream prices of Jinchuan nickel slid to RMB 119,700-119,800/mt at noon after the price adjustment, but demand for Jinchuan nickel was still sluggish, with transactions muted. Transactions of Russian nickel were better, but were mainly made among traders.
Jinchuan Group
nickel prices
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