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SMM 26 July Shanghai Nickel spot Express
The content below was translated by Tencent automatically for reference.

SMM July 26: Russian nickel than Wuxi main 1808 contract flat water, Jinchuan nickel Wuxi main 1808 contract water rise about 1150 yuan / ton. Jinchuan Electrolytic Nickel Co., Ltd. quoted 112000 yuan / ton in Shanghai today, up 200 yuan / ton from yesterday. Recently, the import window has been opened one after another, some Russian nickel into the country, and recently steel mills from Jinchuan company to take more active, resulting in less Jinchuan goods, and the price difference between Russia and nickel widened. Spot market transactions are general, traders are relatively positive, the market has a wait-and-see attitude towards the trend of nickel prices, the mainstream transaction in 110650 ≤ 111900 yuan / ton.

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