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SMM Nickel Market Daily Review (2013-1-25)
Jan 28, 2013 08:53Transactions turned quiet after price hike.
SHANGHAI, Jan. 28 (SMM) – In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were between RMB 123,800-124,000/mt, and mainstream traded prices of nickel from Russia were between RMB 122,800-123,000/mt. Suppliers were reluctant to move Jinchuan Group nickel at prices below RMB 123,900/mt. During the afternoon trading hours, traders hiked offers of Jinchuan nickel to RMB 124,000/mt and Russia nickel to RMB 123,000/mt. Transactions turned quiet after price hike.
Jinchuan Group nickel price
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