SMM Nickel Market Daily Review (2013-6-27)
SHANGHAI, Jun. 28 (SMM) – In Shanghai, Jinchuan nickel prices were between RMB 97,400-97,600/mt in the morning, and Russian nickel prices were between RMB 96,400-96,600/mt. Market confidence improved as LME nickel prices opened high and moved higher, causing transactions to increase. Pushed up by the rising LME zinc prices, Jinchuan nickel prices advanced to RMB 97,700/mt in the afternoon, and Russian nickel prices also rose to RMB 96,700/mt, with transactions stable.
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