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SMM Nickel Market Daily Review (2012-10-24)

iconOct 25, 2012 09:49
Source:SMM
Jinchuan Group cut ex-works nickel prices by RMB 4,000/mt to RMB 119,000/mt.The

SHANGHAI, Oct.26 (SMM) -- Jinchuan Group cut ex-works nickel prices by RMB 4,000/mt to RMB 119,000/mt.The price cut by Jinchuan Group greatly dampened market players’ confidence. Downstream inquires were muted, traders also ceased arbitrage trading. In this context, transactions were quiet muted in the market.
 

Jinchuan Group nickel price

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