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Home / Metal News / SMM Nickel Market Daily Review (2014-6-26)

SMM Nickel Market Daily Review (2014-6-26)

Jun 27, 2014 09:47

Source:SMM

SMM #1 nickel prices were quoted between RMB 126,100-126,600/mt.

SHANGHAI, Jun. 27 (SMM) – SMM #1 nickel prices were quoted between RMB 126,100-126,600/mt. Transactions on the Wuxi electronic trading were brisk after 1408 nickel contracts became the most actively traded contracts. But spot prices were sluggish, with quotes between RMB 125,800-126,400/mt in the afternoon. End-users remained cautious as the price spread between Russian nickel and Jinchuan nickel narrowed.

nickel prices

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