SMM Nickel Market Daily Review (2013-10-11)-Shanghai Metals Market

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SMM Nickel Market Daily Review (2013-10-11)

Price Review & Forecast 08:54:10AM Oct 12, 2013 Source:SMM

SHANGHAI, Oct. 12 (SMM) – In Shanghai, SMM #1 nickel prices were RMB 96,500-97,500/mt, with the price spread between Jinchuan and Russian nickel around RMB 1,000/mt. Traders quoted within SMM price range. Sales for long-term contracts of Jinchuan nickel were brisk, and transactions were actively made among traders at lower prices, but muted at highs.
 

Key Words:  nickel prices  

SMM Nickel Market Daily Review (2013-10-11)

Price Review & Forecast 08:54:10AM Oct 12, 2013 Source:SMM

SHANGHAI, Oct. 12 (SMM) – In Shanghai, SMM #1 nickel prices were RMB 96,500-97,500/mt, with the price spread between Jinchuan and Russian nickel around RMB 1,000/mt. Traders quoted within SMM price range. Sales for long-term contracts of Jinchuan nickel were brisk, and transactions were actively made among traders at lower prices, but muted at highs.
 

Key Words:  nickel prices