Home / Metal News / Copper / SMM Nickel Market Daily Review (2013-2-1)
SMM Nickel Market Daily Review (2013-2-1)
Feb 4,2013 09:50CST
price review forecast
Source:SMM
On Friday, mainstream traded prices for Jinchuan nickel were RMB 128,900-129,100/mt in the Shanghai nickel market, and RMB 127,500-127,800/mt for Russian nickel.

SHANGHAI, Feb. 4 (SMM) – On Friday, mainstream traded prices for Jinchuan nickel were RMB 128,900-129,100/mt in the Shanghai nickel market, and RMB 127,500-127,800/mt for Russian nickel. Some traders entered the market for arbitrage trading in domestic electronic markets after LME nickel market gained overnight, helping improve market transactions. Downstream demand remained sluggish. In the afternoon, no trading was reported, a sign of strong holiday sentiment.

Jinchuan nickel
Russian nickel
LME nickel

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news