SMM Nickel Market Daily Review (2014-4-28)

SHANGHAI, Apr. 29 (SMM) – SMM #1 nickel prices were between RMB 126,500-127,300/mt, with transactions quiet as domestic and overseas nickel prices followed their own track. Russian nickel prices were between RMB 126,800-127,000/mt, with transactions muted, and Jinchuan nickel prices were between RMB 127,200-127,400/mt; as domestic nickel prices leveled out, some end-users purchased Russian nickel between RMB 126,500-126,600/mt, with Jinchuan nickel traded between RMB 127,100-127,200/mt, with transactions muted.