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SHANGHAI, Jun. 23 (SMM) – SMM #1 nickel prices were quoted between RMB 127,500-128,500/mt. Jinchuan raised nickel prices by RMB 2,000/mt to RMB 128,500/mt. Spot transactions were brisk as the price spread between the most actively traded contracts on the Wuxi electronic trading and spot prices was large. Prices for the most actively traded contracts on the Wuxi electronic trading were RMB 127,900-128,900/mt in the morning session, and fell to RMB 127,400-128,400/mt in the afternoon.
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