Metals News
SMM 25 July Shanghai Nickel spot Express
translation
11:57AM
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SMM July 25: Russian nickel than Wuxi main 1808 contract water rise of about 50 yuan / ton, Jinchuan nickel than Wuxi main 1808 contract water rise of about 1050 yuan / ton. Jinchuan Company today electrolytic nickel (plate) Shanghai offer 111800 yuan / ton, 1400 yuan / ton higher than yesterday. Last week, the import window opened one after another, some Russian nickel into the country, and recently steel mills from Jinchuan company to take more active, resulting in Jinchuan Russian nickel price difference widened. Spot market transactions are general, the future market believes that the window has been opened, bearish nickel prices, the mainstream transaction in 110450 ≤ 111800 yuan / ton.

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