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SMM7 12 July Shanghai nickel spot news
Jul 12,2019 11:58CST
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The content below was translated by Tencent automatically for reference.

SMM7 12 / 12 / PRNewswire-FirstCall-Asianet /-

SMM 1 # electrolytic nickel 102800 to 1045500 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 1200 to 1300 yuan / ton. Early trading hours, Shanghai nickel around 103200 yuan / ton shock, nearly a small number of downstream cautious procurement, transactions continue to be light, mainly shipped by the holder, the buyer's market. In the second trading session, the price briefly rose and then fell back to 103200 yuan, the market reaction converged in the morning, downstream on-demand procurement, pure nickel costs increased, downstream procurement of other alternative raw materials as far as possible, pure nickel demand weakened. The ex-factory price of Jinchuan Company was quoted at 104000 yuan, an increase of 200 yuan per ton from yesterday, and the mainstream transaction was 102800 to 1045500 yuan per ton.

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