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SMM Nickel Market Daily Review (2014-3-18)
Mar 19,2014 08:44
CSTprice review forecast
Source:SMM
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.
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