Home / Metal News / SMM Nickel Market Daily Review (2013-6-28)

SMM Nickel Market Daily Review (2013-6-28)

iconJul 1, 2013 08:53
In Shanghai, Jinchuan nickel prices were between RMB 97,300-97,500/mt last Friday, and Russian nickel prices were between RMB 96,300-96,500/mt.

SHANGHAI, Jul. 1 (SMM) – In Shanghai, Jinchuan nickel prices were between RMB 97,300-97,500/mt last Friday, and Russian nickel prices were between RMB 96,300-96,500/mt, with traders' quotes steady. Downstream demand was extremely weak due to the lack of cash flows, and when combined with the lack of arbitrage opportunities, transactions were muted.
 

nickel prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news