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SMM Nickel Market Daily Review (2012-10-25)
Oct 26,2012 09:00
CSTprice review forecast
Source:SMM
Mainstream traded prices of nickel from Jinchuan Group were between RMB 119,200-119,500/mt and mainstream traded prices of nickel from Russia were between RMB 117,900-118,200/mt.
SHANGHAI, Oct.26 (SMM) -- In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were between RMB 119,200-119,500/mt and mainstream traded prices of nickel from Russia were between RMB 117,900-118,200/mt.As arbitrage opportunity merged during the morning trading hours, a few traders conducted transactions. However, downstream demand still remained weak. In general, trading sentiment was still cautious.
Jinchuan nickel price
Russian nickel price
Shanghai nickel spot pric
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