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SMM Nickel Market Daily Review (2013-2-5)
Feb 6,2013 09:29CST
price review forecast
Source:SMM
On Tuesday, mainstream traded prices for Jinchuan nickel were RMB 130,800-131,000/mt in the Shanghai nickel market, and RMB 129,500-129,800/mt for Russian nickel.

SHANGHAI, Feb. 6 (SMM) – On Tuesday, mainstream traded prices for Jinchuan nickel were RMB 130,800-131,000/mt in the Shanghai nickel market, and RMB 129,500-129,800/mt for Russian nickel. Downstream producers and traders are now closing for the holiday, and meanwhile the lack of arbitrage opportunity in domestic electronic trading further reduced the already light trading sentiment, a sign of strong holiday sentiment. 
 

Jinchuan nickel
Russian nickel
Shanghai nickel market

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