SMM Nickel Market Daily Review (2013-10-23)

Price Review & Forecast 09:05:14AM Oct 24, 2013 Source:SMM

SHANGHAI, Oct. 24 (SMM) – In Shanghai, Jinchuan raised nickel prices by RMB 2,300/mt, to RMB 102,500/mt. SMM #1 zinc prices were between RMB 101500-102500/mt, with transactions of Russian nickel more brisk than Jinchuan nickel. As nickel prices dropped in the afternoon, traders were actively moving goods, but transactions were muted as downstream buyers purchased on an as-needed basis.
 

Key Words:  nickel prices  

SMM Nickel Market Daily Review (2013-10-23)

Price Review & Forecast 09:05:14AM Oct 24, 2013 Source:SMM

SHANGHAI, Oct. 24 (SMM) – In Shanghai, Jinchuan raised nickel prices by RMB 2,300/mt, to RMB 102,500/mt. SMM #1 zinc prices were between RMB 101500-102500/mt, with transactions of Russian nickel more brisk than Jinchuan nickel. As nickel prices dropped in the afternoon, traders were actively moving goods, but transactions were muted as downstream buyers purchased on an as-needed basis.
 

Key Words:  nickel prices