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SMM Nickel Market Daily Review (2013-3-14)
Mar 15,2013 08:50
CSTprice review forecast
Source:SMM
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.
SHANGHAI, Mar.15 (SMM) -- 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. LME nickel prices slightly fell, but traders still kept offers firm, with mainstream offers unchanged from previous level. However, rebound in LME nickel prices still dampened market confidence, reducing transactions greatly.
Jinchuan Group nickel price
Russian nickel price
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