SMM Nickel Market Daily Review (2013-1-4)-Shanghai Metals Market

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SMM Nickel Market Daily Review (2013-1-4)

Price Review & Forecast 09:11:41AM Jan 05, 2013 Source:SMM

SHANGHAI, Jan. 5 (SMM) -- Jinchuan Group raised ex-works nickel prices by RMB 1,000/mt to RMB 120,000/mt on Friday.In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were between RMB 121,900-120,000/mt, and mainstream traded prices of nickel from Russia were between RMB 120,900-121,000/mt. During the fist trading day after new year holiday, downstream purchasing interest was low. However, transactions between traders were relatively brisk due to arbitrage opportunity.
 

Key Words:  Jinchuan Group nickel price    
Relative News

Price

more
1# Zinc
Oct.18
18810.0
-10.0
(-0.05%)
0# Zinc
Oct.18
18880.0
-10.0
(-0.05%)
T/C for domestic zinc concentrate
Oct.01
6325.0
0.0
(0.00%)
T/C for imported zinc concentrate
Oct.01
280.0
0.0
(0.00%)
Zinc Alloy (Zamak3/ZX01)
Oct.18
19780.0
-10.0
(-0.05%)

SMM Nickel Market Daily Review (2013-1-4)

Price Review & Forecast 09:11:41AM Jan 05, 2013 Source:SMM

SHANGHAI, Jan. 5 (SMM) -- Jinchuan Group raised ex-works nickel prices by RMB 1,000/mt to RMB 120,000/mt on Friday.In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were between RMB 121,900-120,000/mt, and mainstream traded prices of nickel from Russia were between RMB 120,900-121,000/mt. During the fist trading day after new year holiday, downstream purchasing interest was low. However, transactions between traders were relatively brisk due to arbitrage opportunity.
 

Key Words:  Jinchuan Group nickel price