SMM Nickel Market Daily Review (2013-6-7)-Shanghai Metals Market

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SMM Nickel Market Daily Review (2013-6-7)

Price Review & Forecast 09:02:07AM Jun 08, 2013 Source:SMM

SHANGHAI, Jun. 8 (SMM) – In Shanghai, Jinchuan nickel prices were between RMB 106,200-106,400/mt in the morning session, while Russian nickel prices were between RMB 105,200-105,400/mt. Traders began to hold back goods and raised their quotes in the afternoon, with Jinchuan nickel prices up to RMB106,400-106,600/mt, and Russian nickel prices rising to RMB 105,400-105,600/mt. After the adjustment, transactions made around RMB 105,400/mt and RMB 106,400/mt were active, while high-price resources were unpopular.
 

Key Words:  nickel prices  

SMM Nickel Market Daily Review (2013-6-7)

Price Review & Forecast 09:02:07AM Jun 08, 2013 Source:SMM

SHANGHAI, Jun. 8 (SMM) – In Shanghai, Jinchuan nickel prices were between RMB 106,200-106,400/mt in the morning session, while Russian nickel prices were between RMB 105,200-105,400/mt. Traders began to hold back goods and raised their quotes in the afternoon, with Jinchuan nickel prices up to RMB106,400-106,600/mt, and Russian nickel prices rising to RMB 105,400-105,600/mt. After the adjustment, transactions made around RMB 105,400/mt and RMB 106,400/mt were active, while high-price resources were unpopular.
 

Key Words:  nickel prices