Metals News
SMM July 30 Shanghai Nickel spot Express
Jul 30,2018
The content below was translated by Tencent automatically for reference.

SMM July 30: Russian nickel than Wuxi main 1808 contract water rise 1808 yuan / ton, Jinchuan nickel than Wuxi main 1808 contract water rise 1000 yuan / ton. Today Jinchuan company electrolytic nickel (plate) Shanghai quotation 113300 yuan / ton. Recently, the import window slowly closed, the inflow of Russian nickel gradually decreased, and the source of Jinchuan goods slowly increased, and the price difference with Russian nickel gradually narrowed. The overall transaction in the spot market is light, one is at the end of the month, the second is that the downstream has been fully replenished in the early stage, and the third is that the market has a wait-and-see attitude towards the trend of nickel prices, with the mainstream transaction at 112050 ≤ 113050 / ton.

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