Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SMM Nickel Weekly Price Review and Forecast (Aug. 11-15, 2014)

SMM Nickel Weekly Price Review and Forecast (Aug. 11-15, 2014)

Aug 11, 2014 16:00

Source:SMM

Last week, prices for SMM #1 refined nickel fell RMB 710/mt to RMB 129,180/mt.

SHANGHAI, Aug. 11 (SMM) –Last week, prices for SMM #1 refined nickel fell RMB 710/mt to RMB 129,180/mt. Jinchuan Group raised prices only once by RMB 500/mt to RMB 130,000/mt. The low-end nickel price in domestic spot markets held firm. Traders became cautious once prices rose above RMB 130,000/mt as they are not sure whether LME nickel prices would rise further. The price spread Russian and Jinchuan nickel narrowed to less than RMB 500/mt as imported nickel supply tightened after traders cut imports against sluggish domestic consumption.

This coming week, anemic downstream demand in domestic spot nickel markets will keep spot nickel prices in check within RMB 129,000-132,000/mt.

China nickel prices

Shanghai nickel prices

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Base Metals Market Daily Review (2015-6-30)

SHFE 1509 copper contract prices moved around RMB 42,200/mt and failed to break through RMB 42,300/mt.

time

Jul 1, 2015 09:38

SMM Base Metals Market Daily Review (2015-6-26)

SHFE 1509 copper contract prices stabilized early Friday but met strong resistance from RMB 42,000/mt.

time

Jun 29, 2015 10:52

Jinchuan Group Raises Nickel Prices to 101,000 yuan on Jun.9

Jinchuan Group raised ex-works prices of nickel to 101,000 yuan per tonne on Jun. 9, Shanghai Metals Market learns.

time

Jun 9, 2015 16:46

Jinchuan Group Cuts Nickel Prices to 99,000 yuan on Jun. 4

Jinchuan Group reduced ex-works prices of nickel to 99,000 yuan per tonne on Jun. 4, Shanghai Metals Market learns.

time

Jun 4, 2015 16:59

SMM Base Metals Market Daily Review (2015-6-3)

SHFE 1508 copper contract prices started Tuesday’s night session at RMB 43,730/mt and climbed to RMB 43,870/mt before meeting resistance.

time

Jun 4, 2015 10:58

SMM Base Metals Market Daily Review (2015-5-15)

The most active SHFE copper contract dipped to RMB 45,770/mt early Friday but then regained the losses to end the daytime trading at RMB 46,040/mt.

time

May 18, 2015 10:25

SMM Base Metals Market Daily Review (2015-3-18)

SHFE most active copper contract hit a high of RMB 42,400/mt after starting Wednesday’s daytime trading, but slipped below RMB 42,100/mt in the afternoon.

time

Mar 19, 2015 10:36

SMM Nickel Market Daily Review (2015-3-16)

SMM #1 refined nickel prices were RMB 104,200-105,000/mt on Monday.

time

Mar 17, 2015 11:23

Jinchuan Group Raises Nickel Prices to 105,000 yuan on Mar. 16

Jinchuan Group raised nickel ex-works prices to 105,000 yuan per tonne on Mar. 16, up 500 yuan, Shanghai Metals Market learns.

time

Mar 17, 2015 10:40

Nickel Prices to Rally, but Marginally, SMM Expects

Nickel market now stages price rallies, and any upward room for nickel prices will be small, Shanghai Metals Market foresees.

time

Feb 27, 2015 10:35

SMM Events & Webinars

Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Stainless Steel Industry Conference 2025
  Oct 20 - 21,2025
  Xiamen, China
Oct
22
- 2025 15th APAC TIN INDUSTRY CONFERENCE
  Oct 22 - 24,2025
  The 2025 Tin Industry Annual Conference will focus on "Opportunities and Challenges in a New Era.
  Yunnan · Gejiu

MOST POPULAR

1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles

2.Aluminum Wire Supplier Screening

3.Cost Analysis Of AL Extrusion For Target Units

4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)

5.Optimization Of Purchasing Cost For Casting Alloys

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.