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SMM Nickel Market Daily Review (2014-8-13)

iconAug 14, 2014 09:07
SMM #1 nickel prices were between RMB 130,000-130,300/mt, with traded prices within SMM price range and spot trading brisk in the morning.

SHANGHAI, Aug. 14 (SMM) – SMM #1 nickel prices were between RMB 130,000-130,300/mt, with traded prices within SMM price range and spot trading brisk in the morning. Jinchuan Group raised nickel prices by RMB 500/mt to RMB 130,300/mt. Prices of 1409 nickel contract on the Wuxi electronic trading dropped to RMB 129,900/mt in the afternoon, causing spot trading to mute, with prices between RMB 129,500-129,800/mt. End-user demand improved.
 

nickel prices
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