SMM Nickel Market Daily Review (2013-1-16)-Shanghai Metals Market

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SMM Nickel Market Daily Review (2013-1-16)

Price Review & Forecast 09:00:50AM Jan 17, 2013 Source:SMM

SHANGHAI, Jan. 17(SMM) – During the morning trading hours in the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were in the RMB 123,800-124,100/mt range, and mainstream traded prices of nickel from Russia were in the RMB 122,800-123,100/mt range. Transactions remained unimproved, and only goods offered at RMB 122,800-123,800/mt reported relatively brisk transaction. Deals were still largely done among traders rather than downstream producers.
 

Key Words:  Shanghai nickel spot price    
Relative News

Price

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#1 Refined Cu
Oct.16
46915.0
-70.0
(-0.15%)
Standard-Grade Copper
Oct.16
46905.0
-75.0
(-0.16%)
High-Grade Copper
Oct.16
46925.0
-65.0
(-0.14%)
Guixi copper
Oct.16
46930.0
-65.0
(-0.14%)
Low-quality copper
Oct.16
46875.0
-60.0
(-0.13%)

SMM Nickel Market Daily Review (2013-1-16)

Price Review & Forecast 09:00:50AM Jan 17, 2013 Source:SMM

SHANGHAI, Jan. 17(SMM) – During the morning trading hours in the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were in the RMB 123,800-124,100/mt range, and mainstream traded prices of nickel from Russia were in the RMB 122,800-123,100/mt range. Transactions remained unimproved, and only goods offered at RMB 122,800-123,800/mt reported relatively brisk transaction. Deals were still largely done among traders rather than downstream producers.
 

Key Words:  Shanghai nickel spot price