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SMM Nickel Market Daily Review (2015-5-15)

iconMay 18, 2015 10:04
SMM #1 nickel prices were between RMB 101,500-105,400/mt.

SHANGHAI, May 18 (SMM) – SMM #1 nickel prices were between RMB 101,500-105,400/mt. Nickel prices fell, allowing traders to sell proactively. Demand weakened, with traded prices between RMB 101,900-105,300/mt. Nickel futures prices edged up in the afternoon, but spot nickel prices remained steady. Downstream buyers took a wait-and-see attitude, with transactions quiet and traded prices between RMB 102,000-105,300/mt.
 

nickel prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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