Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Jun. 26 (SMM) – SMM #1 nickel prices were between RMB 93,400-94,800/mt. Premiums of Jinchuan nickel against the most actively traded contracts on the Wuxi electronic trading fell to zero in the morning. Traders sold actively, but downstream buyers lacked buying interest, with traded prices between RMB 93,500-94,500/mt. Nickel prices continued to fall in the afternoon on selling pressure. China Customs shows nickel imports surged in May, leading to oversupply. Downstream buyers stood on the sidelines, with prices between RMB 93,100-94,000/mt.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn