Jinchuan Group Lifts Nickel Price 500 yuan on Oct. 31

Published: Oct 31, 2017 11:16 (GMT+8)
Jinchuan Group raised nickel ex-works price by 500 yuan per tonne on Tuesday.

SHANGHAI, Oct. 31 (SMM) – Jinchuan Group raised nickel ex-works price by 500 yuan per tonne on Tuesday.

After the hike, its ex-works price was up to 93,800 yuan per tonne (nickel plate), and 95,000 yuan per tonne (small ones, in barrel), respectively.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: service.en@smm.cn.

 

 

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

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
SMM Nickel Flash: NPI Market Sentiment Mixed, Upstream Stable and Downstream Slightly Up Ahead of Holiday
14 mins ago
SMM Nickel Flash: NPI Market Sentiment Mixed, Upstream Stable and Downstream Slightly Up Ahead of Holiday
Read More
SMM Nickel Flash: NPI Market Sentiment Mixed, Upstream Stable and Downstream Slightly Up Ahead of Holiday
SMM Nickel Flash: NPI Market Sentiment Mixed, Upstream Stable and Downstream Slightly Up Ahead of Holiday
[SMM Nickel Flash] On September 22, the SMM high-grade NPI market sentiment factor stood at 1.79, up 0.01 MoM. The upstream sentiment factor for high-grade NPI was 1.84, flat MoM, while the downstream sentiment factor for high-grade NPI was 1.74, up 0.02 MoM. With the holiday approaching, trading sentiment in the NPI market diverged, as some traders opted to withhold offers and suspend quotations, with wait-and-see sentiment intensifying.
14 mins ago
Lygend Resources Sets A-Share IPO Price at RMB 21.23/Share, Raising RMB 3.67 Billion
47 mins ago
Lygend Resources Sets A-Share IPO Price at RMB 21.23/Share, Raising RMB 3.67 Billion
Read More
Lygend Resources Sets A-Share IPO Price at RMB 21.23/Share, Raising RMB 3.67 Billion
Lygend Resources Sets A-Share IPO Price at RMB 21.23/Share, Raising RMB 3.67 Billion
Lygend Resources priced its A-share IPO at RMB 21.23 per share, offering 172.89 million shares and raising approximately RMB 3.67 billion. Following the clawback mechanism, 121.023 million shares were allocated to online investors, with an online winning rate of 0.0371%. Lygend Resources' business covers nickel ore trading and nickel product production and sales, with products including nickel ore, nickel pig iron, MHP, nickel sulfate, cobalt sulfate and electrolytic cobalt. Proceeds from the IPO will mainly fund a hydrometallurgical residue recycling demonstration project and an MHP refining project, supporting further expansion of its nickel and battery-materials businesses.
47 mins ago
Data: SHFE, DCE market movement (Sep 22)
2 hours ago
Data: SHFE, DCE market movement (Sep 22)
Read More
Data: SHFE, DCE market movement (Sep 22)
Data: SHFE, DCE market movement (Sep 22)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 22 Sep , 2026
2 hours ago