SMM Nickel Market Daily Review (2013-11-29)-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Nickel
  • Market commentary
  • Copper scrap
  • Aluminium
  • Copper
  • Inventory data
  • Rare earth
  • Nickel sulphate
  • NPI
  • Futures movement
  • Production data
  • Lead
  • Iron ore
  • Excavator

SMM Nickel Market Daily Review (2013-11-29)

Price Review & Forecast 09:03:55AM Dec 02, 2013 Source:SMM

SHANGHAI, Dec. 2 (SMM) – In Shanghai, SMM #1 nickel prices were between RMB 92,600-93,600/mt, with transactions muted. Jinchuan nickel prices were between RMB 93,500-93,600/mt, with the price spread between Jinchuan and Russian nickel around RMB 1,000/mt. Traders that completed their annual sales target left the markt, and downstream buyers purchased on an as-needed basis.
 

Key Words:  nickel prices  

SMM Nickel Market Daily Review (2013-11-29)

Price Review & Forecast 09:03:55AM Dec 02, 2013 Source:SMM

SHANGHAI, Dec. 2 (SMM) – In Shanghai, SMM #1 nickel prices were between RMB 92,600-93,600/mt, with transactions muted. Jinchuan nickel prices were between RMB 93,500-93,600/mt, with the price spread between Jinchuan and Russian nickel around RMB 1,000/mt. Traders that completed their annual sales target left the markt, and downstream buyers purchased on an as-needed basis.
 

Key Words:  nickel prices