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SMM Nickel Market Daily Review (2013-3-13)
Mar 14, 2013 08:47Jinchuan Group raised ex-works nickel prices by RMB 1,000/mt, to RMB 118,000/mt on Tuesday.
SHANGHAI, Mar.14 (SMM) -- Jinchuan Group raised ex-works nickel prices by RMB 1,000/mt, to RMB 118,000/mt on Tuesday. In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were in the RMB 118,800-119,000/mt range, and mainstream traded prices of nickel from Russia were in the RMB 117,700-118,000/mt range. As LME nickel prices made significant breakthrough, bullish sentiment grew. Traders actively replenished stocks as a result, boosting transactions.
nickel price
Jinchuan nickel price
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