SMM7, September 9, news:

SMM 1 # electrolytic nickel 99800 102200 yuan / ton. Russian nickel than Shanghai nickel 1908 discount 400-300 yuan / ton. Jinchuan nickel than Shanghai nickel 1908 contract generally quoted water 1700 to 19 yuan / ton, higher discount price is basically non-market. Early trading hours, prices continue to fall, but the overall is still higher than yesterday, the spot market continues to be shipped, downstream due to high prices in the wait-and-see, general feedback light trading, Jinchuan nickel downgrade compared with yesterday, market wait-and-see. In the second trading period, the price was stable at 99950 yuan / ton, the spot warmed up slightly, and then stabilized and recovered, and the Russian-nickel discount remained stable, but the overall transaction was still not satisfactory. Jinchuan's ex-factory price was 101000, unchanged from yesterday, and the mainstream transaction was 99550-102100 yuan / ton.

(Shanghai SMM Network Duan Chunjing TEL:021-51666896 QQ: 2880505538)

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