Snapshot: Nickel spot market in Shanghai

Price Review & Forecast 02:43:34PM Mar 01, 2018 Source:SMM

SHANGHAI, Mar 1 (SMM) – Norilsk nickel in the Shanghai market was offered at a discount of 300 yuan/mt against the Wuxi Stainless Steel Exchange 1803 contract on the morning of Thursday March 1, while Jinchuan was flat at 103,300 yuan/mt, SMM learned.

Following a rebound in nickel prices overnight, traders were active selling while downstream customers were more reserved. Trades were heard at 102,900-103,300 yuan/mt in the morning.

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn

Key Words:  nickel   spot premium   spot discount 

Snapshot: Nickel spot market in Shanghai

Price Review & Forecast 02:43:34PM Mar 01, 2018 Source:SMM

SHANGHAI, Mar 1 (SMM) – Norilsk nickel in the Shanghai market was offered at a discount of 300 yuan/mt against the Wuxi Stainless Steel Exchange 1803 contract on the morning of Thursday March 1, while Jinchuan was flat at 103,300 yuan/mt, SMM learned.

Following a rebound in nickel prices overnight, traders were active selling while downstream customers were more reserved. Trades were heard at 102,900-103,300 yuan/mt in the morning.

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn

Key Words:  nickel   spot premium   spot discount