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SMM Nickel Market Daily Review (2014-4-17)
Apr 18,2014 08:51
CSTprice review forecast
Source:SMM
In Shanghai, SMM #1 nickel prices were between RMB 121,300-122,200/mt.
SHANGHAI, Apr. 18 (SMM) – In Shanghai, SMM #1 nickel prices were between RMB 121,300-122,200/mt. Jinchuan raised nickel prices by RMB 4,000/mt, to RMB 123,000/mt. Spot transactions were quiet in the morning due to falling LME nickel prices. Traders purchased at lower prices between RMB 119,400-120,400/mt. But transactions remained muted although prices rebounded in the afternoon, with traded prices between RMB 120,800-121,800/mt.
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