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

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

Jul 1, 2013 08:53

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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