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SMM Nickel Market Daily Review (2013-6-28)
Jul 1,2013 08:53CST
price review forecast
Source: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.

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.
 

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