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SMM Nickel Market Daily Review (2014-2-11)
Feb 12, 2014 09:20Source:SMM
In Shanghai, SMM #1 nickel prices were between RMB 94,500-95,500/mt, with transactions improving.
SHANGHAI, Feb. 12 (SMM) – In Shanghai, SMM #1 nickel prices were between RMB 94,500-95,500/mt, with transactions improving. But downstream operation did not increase, with downstream purchasing remaining quiet. Traders were actively operating for 1403 and 1404 nickel contracts in Wuxi. Jinchuan nickel prices slid to RMB 95,200/mt in the afternoon, and Russian nickel prices were around RMB 94,100/mt.
Jinchuan nickel prices
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