SMM Nickel Market Daily Review (2013-1-22)-Shanghai Metals Market

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SMM Nickel Market Daily Review (2013-1-22)

Price Review & Forecast 09:25:50AM Jan 23, 2013 Source:SMM
SHANGHAI, Jan. 23 (SMM) – In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were between RMB 124,000-124,200/mt and mainstream traded prices of nickel from Russia were between RMB 123,000-123,200/mt. During the morning trading hours, transactions of Jinchuan nickel were brisk due to stock replenishment from traders. During the afternoon trading hours, traders kept offers stable, but transactions turned quiet due to reduced supply of Jinchuan nickel.
Key Words:  Jinchuan Group nickel price    
Relative News

Price

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SMM #1 Nickel
Oct.17
131500.0
-2900.0
(-2.16%)
#1 JinChuan Nickel
Oct.17
131600.0
-2950.0
(-2.19%)
#1 Import Nickel
Oct.17
131350.0
-2900.0
(-2.16%)
JinChuan B&C
Oct.17
3100.0
650.0
(26.53%)
Russian nickel premium
Oct.17
2950.0
800.0
(37.21%)

SMM Nickel Market Daily Review (2013-1-22)

Price Review & Forecast 09:25:50AM Jan 23, 2013 Source:SMM
SHANGHAI, Jan. 23 (SMM) – In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were between RMB 124,000-124,200/mt and mainstream traded prices of nickel from Russia were between RMB 123,000-123,200/mt. During the morning trading hours, transactions of Jinchuan nickel were brisk due to stock replenishment from traders. During the afternoon trading hours, traders kept offers stable, but transactions turned quiet due to reduced supply of Jinchuan nickel.
Key Words:  Jinchuan Group nickel price