SMM Nickel Market Daily Review (2015-6-24)

Published: Jun 25, 2015 09:15

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SMM #1 nickel prices were between RMB 94,000-96,200/mt.

SHANGHAI, Jun. 25 (SMM) – SMM #1 nickel prices were between RMB 94,000-96,200/mt. Premiums of Jinchuan nickel against the most actively traded contracts on the Wuxi electronic trading fell RMB 200/mt. Jinchuan Group raised prices slightly and sold proactively. Downstream buyers remained on the sidelines, with trading mainly made among traders and traded prices between RMB 94,000-95,200/mt. Nickel prices rebounded marginally in the afternoon, and Jinchuan Group continued to sell actively. Downstream buyers purchased at lows, with traded prices between RMB 94,600-95,600/mt. Jinchuan Group raised prices by RMB 1,000/mt to RMB 95,500/mt.

nickel prices

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