Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsConsultingSHANGHAI, Apr. 25 (SMM) – SMM #1 nickel prices were between RMB 126,600-127,500/mt, down RMB 350/mt. Prices in Wuxi slid by nearly 1 percentage point due to high opening prices and selloffs, allowing traders to sell Jinchuan nickel out of fears that prices would drop. Jinchuan nickel prices dropped to RMB 125,900-126,300/mt in the afternoon, and the price spread between Russian nickel and Jinchuan nickel narrowed to RMB 600-700/mt due to tight Russian nickel supply, with inquiries brisk. But purchases were muted after spot prices fell.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn