SMM Nickel Market Daily Review (2014-3-19)

Mar 20, 2014 10:49

In Shanghai, SMM #1 nickel prices rose to RMB 101,300-102,300/mt Wednesday.

SHANGHAI, Mar. 20 (SMM) – In Shanghai, SMM #1 nickel prices rose to RMB 101,300-102,300/mt Wednesday. Jinchuan Group raised its ex-works prices by RMB 4,500/mt to RMB 103,000/mt. Nickel contract on China Stainless Steel Exchange posted noticeable increase for a second trading day, and the volatile prices enlivened arbitrage operations. Traders selling goods to downstream buyers held prices firm. Buyers made inquiries actively, but purchases remained limited. In the afternoon, quotes for spot nickel rose to RMB 102,000-103,000/mt, with trading still thin.

spot 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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

SMM Nickel Market Daily Review (2014-3-19)

SMM Events & Webinars

NET ZERO CHINA Field Trip

SMM Indonesia Seminar: Li-ion Battery & Energy Storage

2025 ASIA BATTERY MATERIAL COOPERATION SALON