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SMM Nickel Market Daily Review (2014-3-18)

iconMar 19, 2014 08:44
In Shanghai, SMM #1 nickel prices were between RMB 96,400-97,400/mt.

SHANGHAI, Mar. 19 (SMM) – In Shanghai, SMM #1 nickel prices were between RMB 96,400-97,400/mt. Jinchuan raised nickel prices by RMB 1,500/mt to RMB 98,500/mt. Spot nickel prices in Wuxi rose 2.75%, driving up spot nickel prices in Shanghai, jumping from RMB 96,000-97,000/mt in the morning session, to RMB 98,000-99,000/mt in the afternoon, with market players optimistic and traders actively purchasing.
 

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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