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Shanghai nickel spot news on the 5th of SMM6
Jun 5,2019 12:03CST
The content below was translated by Tencent automatically for reference.

SMM, June 5 / PRNewswire-Asianet /-

In the morning, Russia nickel than Wuxi 1906 universal discount 100 to 50 yuan / ton, Jinchuan nickel than Wuxi 1906 contract generally reported water 900 to 1000 yuan / ton. In the morning, some traders rose 800 yuan / ton trading part of Jinchuan nickel, but later basically raised Jinchuan Shengshui. This morning, the market price was consolidated around 9.63-96400 yuan / ton, and the market activity was slightly improved compared with yesterday. Traders reported that the inventory in the early downstream was lower, and now the absolute price is suitable, so they began to purchase goods in Jinchuan due to recent logistics reasons. The supply of goods in Shanghai is a little tight, and the rising water has picked up. Jinchuan ex-factory price quoted 97200 yuan / ton, the same as yesterday, the mainstream transaction at 96250 to 97300 yuan / ton.


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