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Shanghai nickel spot news on the 25th of SMM6
Jun 25,2019 11:57CST
The content below was translated by Tencent automatically for reference.

SMM, June 25 / PRNewswire-Asianet /-

The discount of Russian nickel is 200yuan / ton compared with Shanghai nickel 1907. Jinchuan nickel than Shanghai nickel 1907 contract generally reported a water rise of 1000 yuan / ton. The Russian nickel contract is generally flat compared with the Wuxi 1907 contract, and Jinchuan nickel is generally reported to have increased the water by 1200 yuan per ton compared with the Wuxi 1907 contract. In the early trading period, the disk price continues to rise, the holder has basically shipped the goods, but the downstream due to the high price, the sentiment of purchasing into the market is not strong, rigid demand procurement, sufficient supply in the spot market. Jinchuan company recently reduced water sales, but traders feedback, Shanghai qualified supply is not abundant, according to Jinchuan company factory price is not easy. Jinchuan nickel factory price of 100000 yuan / ton, up from yesterday's 800 yuan / ton, the mainstream transaction at 98400 yuan / ton.

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