SMM Nickel Market Daily Review (2013-1-11)-Shanghai Metals Market

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SMM Nickel Market Daily Review (2013-1-11)

Price Review & Forecast 09:02:26AM Jan 14, 2013 Source:SMM

SHANGHAI, Jan. 14 (SMM) – During the morning trading hours in the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were in the RMB 123,600-123,800/mt range, and mainstream traded prices of nickel from Russia were in the RMB 122,600-122,800/mt range. As downstream producers already replenished stocks, market transactions were relatively quiet.
 

Relative News

Price

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SMM #1 Nickel
Oct.22
128750.0
150.0
(0.12%)
#1 JinChuan Nickel
Oct.22
128900.0
150.0
(0.12%)
#1 Import Nickel
Oct.22
128600.0
50.0
(0.04%)
JinChuan B&C
Oct.22
7850.0
-2700.0
(-25.59%)
Russian nickel premium
Oct.22
7550.0
-2750.0
(-26.70%)

SMM Nickel Market Daily Review (2013-1-11)

Price Review & Forecast 09:02:26AM Jan 14, 2013 Source:SMM

SHANGHAI, Jan. 14 (SMM) – During the morning trading hours in the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were in the RMB 123,600-123,800/mt range, and mainstream traded prices of nickel from Russia were in the RMB 122,600-122,800/mt range. As downstream producers already replenished stocks, market transactions were relatively quiet.