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DashboardDatabaseProReportsEventsConsultingSHANGHAI, Nov.28 (SMM) -- In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were in the RMB 119,700-120,000/mt range, and mainstream traded prices of nickel from Russia were in the RMB 118,400-118,700/mt range. Traders hiked offers of Jinchuan nickel to RMB 120,200/mt and Russian nickel to RMB 118,900/mt on the news that Greece received that third tranche of bailout package. However, due to lack of arbitrage opportunity and low prices acceptance by downstream producers, offers retuned to reasonable levels soon.
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