SMM Nickel Market Daily Review (2013-4-10)-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • NPI
  • Zinc
  • hydrogen stations
  • Market commentary
  • Macroeconomics
  • Copper
  • Production data
  • Morning comments
  • Stainless steel
  • Aluminium
  • Mengtai Group
  • Nickel
  • Iron ore
  • Futures movement

SMM Nickel Market Daily Review (2013-4-10)

Price Review & Forecast 09:05:18AM Apr 11, 2013 Source:SMM

SHANGHAI, Apr. 11 (SMM) - In Shanghai, Jinchuan nickel prices were between RMB 114,300-114,500/mt on Wednesday, and Russian nickel prices were between RMB 113,300-113,500/mt. Transactions were muted in the morning trading as prices were relatively steady. Market quotes rose in the afternoon along with rising LME zinc prices. But since traders were unwilling to sell goods, transactions did not improve.
 

SMM Nickel Market Daily Review (2013-4-10)

Price Review & Forecast 09:05:18AM Apr 11, 2013 Source:SMM

SHANGHAI, Apr. 11 (SMM) - In Shanghai, Jinchuan nickel prices were between RMB 114,300-114,500/mt on Wednesday, and Russian nickel prices were between RMB 113,300-113,500/mt. Transactions were muted in the morning trading as prices were relatively steady. Market quotes rose in the afternoon along with rising LME zinc prices. But since traders were unwilling to sell goods, transactions did not improve.