SMM Daily Review - 2012/7/20 Nickel Market-Shanghai Metals Market

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SMM Daily Review - 2012/7/20 Nickel Market

Price Review & Forecast 09:44:50AM Jul 23, 2012 Source:SMM

SHANGHAI, Jul. 23 (SMM) -- Last Friday, mainstream prices of Jinchuan nickel were between RMB 118,600-118,800/mt in the morning session, while mainstream Russian nickel prices were between RMB 116,500-116,700/mt. Transactions of Jinchuan nickel were brisk in the morning, while Russian nickel was unpopular. Traders raised quotes for Jinchuan nickel to RMB 118,800-119,000/mt in the afternoon, and Russian nickel prices leveled with the morning session.
 

SMM Daily Review - 2012/7/20 Nickel Market

Price Review & Forecast 09:44:50AM Jul 23, 2012 Source:SMM

SHANGHAI, Jul. 23 (SMM) -- Last Friday, mainstream prices of Jinchuan nickel were between RMB 118,600-118,800/mt in the morning session, while mainstream Russian nickel prices were between RMB 116,500-116,700/mt. Transactions of Jinchuan nickel were brisk in the morning, while Russian nickel was unpopular. Traders raised quotes for Jinchuan nickel to RMB 118,800-119,000/mt in the afternoon, and Russian nickel prices leveled with the morning session.