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SMM Nickel Market Daily Review (2013-3-27)
Mar 28, 2013 08:53Jinchuan Group cut ex-works nickel prices by RMB 1,000/mt, to RMB 118,000/mt Wednesday.
SHANGHAI, Mar.28 (SMM) -- Jinchuan Group cut ex-works nickel prices by RMB 1,000/mt, to RMB 118,000/mt Wednesday. In the Shanghai nickel spot market, mainstream offers of nickel from Jinchuan Group were between RMB 118,000-118,300/mt, and mainstream traded prices of nickel from Russia were between RMB 117,000-117,300/mt. Wait-and-see sentiment further grew as LME nickel prices fell overnight, and transactions were also quiet.
Jinchuan Group nickel price
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