On the 11th of SMM7, news:
SMM 1 # electrolytic nickel 102300 to 104300 yuan / ton. Russian nickel than Shanghai nickel 1908 discount 500-400 yuan / ton. Jinchuan nickel than Shanghai nickel 1908 contract generally reported a water rise of 1400 to 1500 yuan / ton. Early trading hours, Shanghai nickel continued to strengthen, basically in the vicinity of 102800 concussion, the market is calm, as high as 103000 yuan / ton, the transaction is unusually light, mainly shipped by the holder, the buyer's market, the effect is very small. In the second trading session, the price continued to rise after a short period of stability, and the market reaction converged in the morning. Jinchuan's ex-factory price was 103800 yuan / ton, up 300yuan / ton from yesterday, and the mainstream transaction was 102400-104300 yuan / ton.
(Shanghai SMM Network Duan Chunjing TEL:021-51666896 QQ: 2880505538)
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