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SMM Nickel Market Daily Review (2015-5-15)
May 18, 2015 10:04Source:SMM
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.
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