SMM Nickel Market Daily Review (2013-2-20)

SHANGHAI, Feb. 21 (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. Transactions of nickel from Jinchuan Group at RMB 123,800/mt were relatively brisk, while transactions of other nickel were poorer. During the afternoon trading hours, spot prices dipper lower, but transactions were still cautiously made in limited amount.