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

Hot Keywords

  • Zinc
  • Aluminium
  • Copper scrap
  • Market commentary
  • Primary lead
  • Copper
  • Customs data
  • Nickel
  • Futures movement
  • Inventory data
  • price forecast
  • MMi Iron Ore Port Index
  • Evening comments
  • Morning comments
  • Secondary lead

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  

Price

more
1# Zinc
May.27
20630.0
100.0
(0.49%)
0# Zinc
May.27
20700.0
100.0
(0.49%)
T/C for domestic zinc concentrate
Jun.01
6350.0
0.0
(0.00%)
T/C for imported zinc concentrate
Jun.01
240.0
0.0
(0.00%)
Zinc Alloy (Zamak3/ZX01)
May.27
21600.0
100.0
(0.47%)

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