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SMM Nickel Market Daily Review (2015-5-19)
May 20,2015 09:21CST
price review forecast
Source:SMM
SMM #1 nickel prices were between RMB 100,200-105,000/mt.

SHANGHAI, May 20 (SMM) – SMM #1 nickel prices were between RMB 100,200-105,000/mt. Nickel futures prices fell in the morning, but premiums of Jinchuan nickel rose to RMB 4,000/mt against prices for the most actively traded contracts on the Wuxi electronic trading. Downstream buyers turned cautious, leaving transactions quiet and traded prices between RMB 100,600-104,800/mt. Nickel prices stabilized in the afternoon, and downstream buyers only purchased modestly, with trading muted and traded prices between RMB 100,300-104,500/mt.
 

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