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Home / Metal News / SMM Nickel Market Daily Review (2013-11-22)

SMM Nickel Market Daily Review (2013-11-22)

Nov 25, 2013 08:50

In Shanghai, transactions were muted and mainly made by plants.

SHANGHAI, Nov. 25 (SMM) – In Shanghai, transactions were muted and mainly made by plants. SMM #1 nickel prices were between RMB 94,200-95,200/mt, and traded price around RMB 95,000/mt, with the price spread with Russian nickel at 1,000/mt. Traders watched on the sidelines in the afternoon, while downstream buyers continued to purchase goods.

nickel prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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