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SMM Nickel Market Daily Review (2014-8-12)
Aug 13, 2014 09:36CST
Source:SMM
SMM #1 nickel prices were between RMB 129,400-129,800/mt, with spot trading improving in the morning, and traded prices between RMB 129,500-129,900/mt.

SHANGHAI, Aug. 13 (SMM) – SMM #1 nickel prices were between RMB 129,400-129,800/mt, with spot trading improving in the morning, and traded prices between RMB 129,500-129,900/mt. Prices of 1409 nickel contract on the Wuxi electronic trading rose to RMB 131,150/mt in the afternoon, causing spot trading to grow, with prices between RMB 129,800-130,200/mt. End-user demand remained sluggish, with trading mainly made between traders.
 

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