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SMM Nickel Market Daily Review (2014-3-12)
Mar 13,2014 08:59
CSTprice review forecast
Source:SMM
In Shanghai, SMM #1 nickel prices were between RMB 94,100-95,100/mt.
SHANGHAI, Mar. 13 (SMM) – In Shanghai, SMM #1 nickel prices were between RMB 94,100-95,100/mt. Jinchuan raised nickel prices by RMB 100/mt, to RMB 96,000/mt. With large price spread between traders' and Jinchuan's nickel, transactions made by traders were brisk since end-users purchased actively, causing traded prices to rise to RMB 94,400-95,400/mt in the afternoon.
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