SMM Nickel Market Daily Review (2015-11-19)

Nov 20, 2015 09:29

SMM #1 nickel prices were between RMB 68,900-70,000/mt on November 19.

SHANGHAI, Nov. 20 (SMM) – SMM #1 nickel prices were between RMB 68,900-70,000/mt on November 19. Premiums of Jinchuan nickel prices were RMB 500/mt against the most actively traded contracts on the Wuxi electronic trading in the morning, with traded prices between RMB 69,600-69,700/mt. Discounts of Russian nickel prices were RMB 300/mt against the most actively traded contracts on the Wuxi electronic trading in the morning, with traded prices between RMB 68,900-69,000/mt. Traders were reluctant to sell as nickel futures prices fell, and downstream buyers stopped purchasing, leaving trading quiet. Supplies were ample with arriving shipments of imported nickel. Jinchuan Group lowered prices by RMB 1,000/mt to RMB 70,000/mt.

nickel prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

SMM Nickel Market Daily Review (2015-11-19)

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025