SMM Nickel Market Daily Review (2013-1-8)-Shanghai Metals Market

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SMM Nickel Market Daily Review (2013-1-8)

Price Review & Forecast 09:06:05AM Jan 09, 2013 Source:SMM

SHANGHAI, Jan. 9 (SMM) – In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were between RMB 122,200-122,300/mt, and mainstream traded prices of nickel from Russia were between RMB 121,200-121,400/mt. Due to emerge of arbitrage opportunity, transactions were brisk in the market. During the afternoon trading hours, mainstream traded prices of nickel from Jinchuan Group were between RMB 122,300-122,500/mt and mainstream traded prices of nickel from Russia were around RMB 121,500/MT. However, transaction turned quiet after price hike.
 

Relative News

Price

more
1# Zinc
Oct.17
18820.0
-110.0
(-0.58%)
0# Zinc
Oct.17
18890.0
-110.0
(-0.58%)
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.17
19790.0
-110.0
(-0.55%)

SMM Nickel Market Daily Review (2013-1-8)

Price Review & Forecast 09:06:05AM Jan 09, 2013 Source:SMM

SHANGHAI, Jan. 9 (SMM) – In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were between RMB 122,200-122,300/mt, and mainstream traded prices of nickel from Russia were between RMB 121,200-121,400/mt. Due to emerge of arbitrage opportunity, transactions were brisk in the market. During the afternoon trading hours, mainstream traded prices of nickel from Jinchuan Group were between RMB 122,300-122,500/mt and mainstream traded prices of nickel from Russia were around RMB 121,500/MT. However, transaction turned quiet after price hike.