SHANGHAI, Mar 19 (SMM) – Norilsk nickel in the Shanghai market traded at a discount of about 400 yuan/mt against the Wuxi Stainless Steel Exchange 1804 contract on Monday March 19, while Jinchuan stayed flat at 101,500 yuan/mt, SMM learned.
While traders made offers actively due to ample supply, downstream customers took a wait-and-see approach. Trading was relatively thin with transactions done at 101,000-101,500 yuan/mt for the most part.
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