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SMM Nickel Market Daily Review (2013-11-8)

iconNov 11, 2013 09:01
Source:SMM
In Shanghai, Jinchuan lowered nickel prices by RMB 500/mt, to RMB 97,500/mt.

SHANGHAI, Nov. 11 (SMM) – In Shanghai, Jinchuan lowered nickel prices by RMB 500/mt, to RMB 97,500/mt. Transactions improved, with inquiries made among traders active. As LME nickel prices plunged in the afternoon, most traders left the market. SMM #1 nickel prices were between RMB 96,700-97,700/mt, with mainstream traded prices within SMM price range.
 

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