SMM Nickel Market Daily Review (2013-6-20)-Shanghai Metals Market

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SMM Nickel Market Daily Review (2013-6-20)

Price Review & Forecast 08:44:00AM Jun 21, 2013 Source:SMM

SHANGHAI, Jun. 21 (SMM) – In Shanghai, spot Jinchuan nickel prices were around RMB 99,200/mt in the morning session, and fell to RMB 98,700/mt along with LME nickel prices, and Russian nickel prices were between RMB 98,200-98,500/mt in the morning session, but dropped to RMB 97,700-97,800/mt in the afternoon. Although spot prices continued to fall during the day, downstream buying interest was low, keeping transactions muted.
 

Key Words:  nickel prices  

SMM Nickel Market Daily Review (2013-6-20)

Price Review & Forecast 08:44:00AM Jun 21, 2013 Source:SMM

SHANGHAI, Jun. 21 (SMM) – In Shanghai, spot Jinchuan nickel prices were around RMB 99,200/mt in the morning session, and fell to RMB 98,700/mt along with LME nickel prices, and Russian nickel prices were between RMB 98,200-98,500/mt in the morning session, but dropped to RMB 97,700-97,800/mt in the afternoon. Although spot prices continued to fall during the day, downstream buying interest was low, keeping transactions muted.
 

Key Words:  nickel prices