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Home / Metal News / SMM Nickel Market Daily Review (2013-2-22)

SMM Nickel Market Daily Review (2013-2-22)

iconFeb 25, 2013 08:59
Mainstream traded prices of nickel from Jinchuan Group were in the RMB 119,500-119,800/mt range, and mainstream traded prices of nickel from Russia were in the RMB 118,100-118,500/mt range.

SHANGHAI, Feb. 25 (SMM) -- In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were in the RMB 119,500-119,800/mt range, and mainstream traded prices of nickel from Russia were in the RMB 118,100-118,500/mt range. Transactions of limited Russian nickel made at RMB 118,000/mt were also heard. Traders' interest to replenish stocks increased as LME nickel prices rebounded during the Asian trading hours, increasing trading volumes.
 

nickel price
Shanghai nickel spot price
Jinchuan Group nickel price
Russian nickel price
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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