SMM Nickel Market Daily Review (2013-10-24)-Shanghai Metals Market

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SMM Nickel Market Daily Review (2013-10-24)

Price Review & Forecast 09:04:57AM Oct 25, 2013 Source:SMM

SHANGHAI, Oct. 25 (SMM) – In Shanghai, Jinchuan lowered nickel prices by RMB 2,300/mt, to RMB 100,200/mt. SMM #1 nickel prices were between RMB 99,100-100,100/mt, with transactions quiet. Downstream buyers purchased on an as-needed basis, and transactions were mainly made among traders. As LME nickel prices rebounded, #1 nickel prices rose to RMB 99,300-100,300/mt.
 

Key Words:  nickel prices  

SMM Nickel Market Daily Review (2013-10-24)

Price Review & Forecast 09:04:57AM Oct 25, 2013 Source:SMM

SHANGHAI, Oct. 25 (SMM) – In Shanghai, Jinchuan lowered nickel prices by RMB 2,300/mt, to RMB 100,200/mt. SMM #1 nickel prices were between RMB 99,100-100,100/mt, with transactions quiet. Downstream buyers purchased on an as-needed basis, and transactions were mainly made among traders. As LME nickel prices rebounded, #1 nickel prices rose to RMB 99,300-100,300/mt.
 

Key Words:  nickel prices