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SMM Nickel Market Daily Review (2015-4-17)
Apr 20,2015 09:46CST
price review forecast
Source:SMM
SMM #1 nickel prices were between RMB 93,600-95,500/mt.

SHANGHAI, Apr. 20 (SMM) – SMM #1 nickel prices were between RMB 93,600-95,500/mt. Premiums of imported nickel inverted to discounts, pushing some traders to losses. Downstream buyers purchased cautiously, with trading muted and traded prices between RMB 93,600-95,100/mt. Spot nickel prices fell further in the afternoon, causing spot premiums to fall further, with trading quiet and traded prices between RMB 92,800-94,300/mt.
 

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