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Snapshot: Nickel spot market in Shanghai

iconMar 12, 2018 14:35
Source:SMM
Nickel spot market in Shanghai

SHANGHAI, Mar 12 (SMM) – Norilsk nickel in the Shanghai market was offered at a discount of 400 yuan/mt against the Wuxi Stainless Steel Exchange 1804 contract on the morning of Monday March 12.

Jinchuan was offered at a discount of 100-0 yuan/mt, and Jinchuan nickel plate was offered at 103,700 yuan/mt, SMM learned.

Trading was weak after nickel prices jumped overnight. Trades were heard at 103,200-103,700 yuan/mt in the morning.


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