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SMM Nickel Market Daily Review (2012-11-21)
Nov 22, 2012 08:57Source:SMM
Mainstream prices of nickel from Jinchuan Group were in the RMB 117,800-118,200/mt range, and mainstream offers of nickel from Russia were between RMB 116,800-117,100/mt.
SHANGHAI, Nov.22 (SMM) -- In the Shanghai nickel spot market, mainstream prices of nickel from Jinchuan Group were in the RMB 117,800-118,200/mt range, and mainstream offers of nickel from Russia were between RMB 116,800-117,100/mt.Transactions were cautious as LME nickel prices fell after opening and since no arbitrage opportunities emerged between spot market and electronic exchange.
Jinchuan nickel price
Shanghai nickel spot price
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