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Home / Metal News / SMM Nickel Market Daily Review (2015-1-20)

SMM Nickel Market Daily Review (2015-1-20)

Jan 21, 2015 09:25

Source:SMM

SMM #1 nickel prices were between RMB 107,100-107,500/mt.

SHANGHAI, Jan. 21 (SMM) – SMM #1 nickel prices were between RMB 107,100-107,500/mt. Spot nickel prices in Shanghai rose in the morning as LME nickel prices inched up. Jinchuan increased supply as downstream buyers purchased modestly, causing transactions to improve and with traded prices between RMB 107,300-107,700/mt. LME nickel prices dived in the afternoon, pushing down spot nickel prices and muting trading, with traded prices between RMB 107,200-107,500/mt. Jinchuan lowered nickel prices by RMB 1,000/mt to RMB 107,500/mt.

Shanghai nickel prices

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The LME market was closed yesterday due to the summer bank holiday.

Sep 1, 2015 10:04

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