SMM Nickel Market Daily Review (2013-6-27)-Shanghai Metals Market

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SMM Nickel Market Daily Review (2013-6-27)

Price Review & Forecast 08:49:19AM Jun 28, 2013 Source:SMM

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.

 

Key Words:  nickel prices  

SMM Nickel Market Daily Review (2013-6-27)

Price Review & Forecast 08:49:19AM Jun 28, 2013 Source:SMM

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.

 

Key Words:  nickel prices