SMM Nickel Market Daily Review (2014-8-19)-Shanghai Metals Market

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SMM Nickel Market Daily Review (2014-8-19)

Price Review & Forecast 08:55:58AM Aug 20, 2014 Source:SMM

SHANGHAI, Aug. 20 (SMM) – SMM #1 nickel prices were between RMB 129,200-129,500/mt, with trading muted. Prices of 1409 nickel contract on the Wuxi electronic trading moved weakly, but found support at RMB 129,300/mt. Traded prices were between RMB 129,100-129,500/mt. Jinchuan lowered nickel prices by RMB 800/mt to RMB 129,500/mt. End-users demand remained sluggish.
 

Key Words:  nickel prices 

SMM Nickel Market Daily Review (2014-8-19)

Price Review & Forecast 08:55:58AM Aug 20, 2014 Source:SMM

SHANGHAI, Aug. 20 (SMM) – SMM #1 nickel prices were between RMB 129,200-129,500/mt, with trading muted. Prices of 1409 nickel contract on the Wuxi electronic trading moved weakly, but found support at RMB 129,300/mt. Traded prices were between RMB 129,100-129,500/mt. Jinchuan lowered nickel prices by RMB 800/mt to RMB 129,500/mt. End-users demand remained sluggish.
 

Key Words:  nickel prices