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SMM Nickel Market Daily Review (2013-11-28)
Nov 29,2013 09:04CST
price review forecast
Source:SMM
In Shanghai, Jinchuan lowered #1 nickel prices by RMB 1,000/mt, to RMB 94,500/mt.

SHANGHAI, Nov. 29 (SMM) – In Shanghai, Jinchuan lowered #1 nickel prices by RMB 1,000/mt, to RMB 94,500/mt. SMM #1 nickel prices were between RMB 93,000-94,000/mt. Traders believing nickel prices were low were holding onto goods, and downstream buyers purchased on an as-needed basis. Trading was quiet in the afternoon, with traders' quotes for Jinchuan nickel between RMB 93,400-93,500/mt.
 

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