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SMM Nickel Market Daily Review (2013-7-23)
Jul 24,2013 09:28CST
price review forecast
Source:SMM
In Shanghai, downstream buyers purchasing was muted as LME nickel prices lacked ability to rise, with transactions mainly made among traders.

SHANGHAI, Jul. 24 (SMM) – In Shanghai, downstream buyers purchasing was muted as LME nickel prices lacked ability to rise, with transactions mainly made among traders. Jinchuan raised ex-works prices again by RMB 500/mt, to RMB 100,000/mt, but did not boost the market effectively. #1 nickel prices were between RMB 98,800-99,800/mt in the morning. As LME nickel prices fell in the afternoon, Russian nickel prices were between RMB 98,600-98,800/mt, and Jinchuan nickel prices were between RMB 99,600-99,800/mt
 

nickel prices

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