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SMM Nickel Market Daily Review (2014-7-11)
Jul 14,2014 09:00
CSTprice review forecast
Source:SMM
SMM #1 nickel prices were quoted between RMB 130,800-131,400/mt, up RMB 600/mt.
SHANGHAI, Jul. 12 (SMM) – SMM #1 nickel prices were quoted between RMB 130,800-131,400/mt, up RMB 600/mt. Jinchuan raised nickel prices by RMB 500/mt to RMB 132,000/mt. Traded prices were between RMB 131,000-131,800/mt in the morning, but slid to RMB 130,800-131,500/mt in the afternoon, with transactions muted due to a wait-and-see attitude.
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