Jinchuan Group Slashes Nickel Prices 6,000 to 102,000 yuan

May 20, 2015 11:53

Jinchuan Group axed ex-works prices of nickel to 102,000 per tonne on May 20, Shanghai Metals Market learns.

SHANGHAI, May 20 (SMM) – Jinchuan Group axed ex-works prices of nickel to 102,000 per tonne on May 20, Shanghai Metals Market learns.

The price was off as much as 6,000 yuan from the 108,000 yuan mark on May 18. The cut was after nickel prices tumbled both in SHFE and LME nickel market.

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Jinchuan Group Co.

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Jinchuan Group Slashes Nickel Prices 6,000 to 102,000 yuan

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