SHANGHAI, Jul. 26 (SMM) – In Shanghai, transactions did not improve and were mainly made among traders. #1 nickel prices were between RMB 98,800-99,900/mt in the morning. Jinchuan did not adjust ex-works nickel prices as LME nickel prices overnight closed up USD 200/mt. But as LME nickel prices soared in the afternoon, and as traders see prices rising to USD 14,500/mt, Jinchuan nickel prices surged to RMB 100,000/mt, touching as high as RMB 100,200/mt.