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SMM Nickel Market Daily Review (2014-6-25)
Jun 26,2014 09:22
CSTprice review forecast
Source:SMM
SMM #1 nickel prices were quoted between RMB 124,000-124,600/mt, with spot transactions muted.
SHANGHAI, Jun. 26 (SMM) – SMM #1 nickel prices were quoted between RMB 124,000-124,600/mt, with spot transactions muted. Traders were unwilling to sell at low prices. After prices rose in the afternoon, market players took a wait-and-see attitude, with quotes between RMB 124,600-125,200/mt. Given sluggish end-user demand, transactions were mainly made among traders.
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