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SMM Nickel Market Daily Review (2013-3-28)
Mar 29,2013 08:52CST
price review forecast
Source:SMM
Mainstream offers of nickel from Jinchuan Group were between RMB 117,800-118,000/mt, and mainstream traded prices of nickel from Russia were between RMB 116,800-117,100/mt.

SHANGHAI, Mar.29 (SMM) -- During the morning trading hours in the Shanghai nickel spot market, mainstream offers of nickel from Jinchuan Group were between RMB 117,800-118,000/mt, and mainstream traded prices of nickel from Russia were between RMB 116,800-117,100/mt. During the afternoon trading hours, wait-and-see sentiment grew when LME base metal prices fell across the board. In response, traders lowered Jinchuan nickel prices to RMB 117,700/mt and Russian nickel prices to RMB 116,800/mt. However, price cut still failed to boost transactions.
 

Jinchuan Group nickel price
Russian nickel price

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