SMM Nickel Market Daily Review (2013-10-17)

Price Review & Forecast 09:09:24AM Oct 18, 2013 Source:SMM

SHANGHAI, Oct. 18 (SMM) – In Shanghai, Jinchuan raised nickel prices by RMB 300/mt, to RMB 98,000/mt. Traders held prices firm despite sliding LME nickel prices, with SMM #1 zinc prices between RMB 97,200-98,300/mt. Although nickel prices dropped, no bargain hunter entered the market. Traders lowered prices to RMB 97,000-98,000/mt, and transactions were quiet and mainly made among traders.
 

Key Words:  nickel prices  

SMM Nickel Market Daily Review (2013-10-17)

Price Review & Forecast 09:09:24AM Oct 18, 2013 Source:SMM

SHANGHAI, Oct. 18 (SMM) – In Shanghai, Jinchuan raised nickel prices by RMB 300/mt, to RMB 98,000/mt. Traders held prices firm despite sliding LME nickel prices, with SMM #1 zinc prices between RMB 97,200-98,300/mt. Although nickel prices dropped, no bargain hunter entered the market. Traders lowered prices to RMB 97,000-98,000/mt, and transactions were quiet and mainly made among traders.
 

Key Words:  nickel prices