Jinchuan Group Sell Goods under Term Contracts Only, with Premiums Rising

SHANGHAI, Sept. 25 (SMM) – It was heard that Jinchuan Group has suspended spot supplies of nickel plate, and only sold goods under term contracts. 

Premiums of Jinchuan nickel against Wuxi’s 1710 nickel contract rose to 1,300-1,400 yuan per tonne, up 250 yuan per tonne from the level seen last Friday.  

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