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Snapshot: Nickel trading in Shanghai
Feb 8,2018 16:45CST
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Source:SMM
Russian nickel was trading at a discount of 200 yuan/mt to the Wuxi Stainless Steel Exchange 1803 contract on Thursday February 8, SMM learned.

SHANGHAI, Feb 8 (SMM) – Russian nickel was trading at a discount of 200 yuan/mt to the Wuxi Stainless Steel Exchange 1803 contract on Thursday February 8, SMM learned. This compared with a discount of 300 yuan/mt hear a day earlier.

Jinchuan nickel was trading at a premium of 100-200 yuan/mt, up from 100 yuan/mt on Wednesday.

Transactions were mostly reported at 99,000-100,100 yuan/mt today, down from 101,400-102,200 yuan/mt a day earlier with weaker futures movement. 

 


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Russian nickel
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