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SMM Nickel Market Daily Review (2013-4-2)

iconApr 3, 2013 08:59
Mainstream offers of nickel from Jinchuan Group were between RMB 115,400-115,700/mt, and mainstream traded prices of nickel from Russia were between RMB 114,400-114,700/mt.

SHANGHAI, Apr.3 (SMM) -- In the Shanghai nickel spot market, mainstream offers of nickel from Jinchuan Group were between RMB 115,400-115,700/mt, and mainstream traded prices of nickel from Russia were between RMB 114,400-114,700/mt. Negative news weighed down nickel prices and dampened purchasing interest, resulting in sluggish transactions.
 

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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