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Shanghai nickel spot news on the 30th of SMM7
Jul 30,2019 11:55CST
translation
The content below was translated by Tencent automatically for reference.

SMM7, 30th, news:

[spot transaction] Russian nickel than Shanghai nickel 1908 discount 150-paste 100 yuan / ton, narrower than yesterday. Jinchuan nickel than Shanghai nickel 1908 contract generally reported a water rise of 2000 yuan / ton, an increase from yesterday. Some traders have reported a water increase of 1800 yuan per ton, but the quantity is limited. Early trading hours, nickel prices around 111800 yuan / ton strong finishing, continued last night's rally, prices higher led to the existing light goods, cautious procurement, and traders due to low prices are not easy to receive, transactions are also light. In the second trading session, nickel prices continued to rush to around 112700 tons, spot trading continued in the morning mood, wait-and-see. In the near future, Russian nickel and Jinchuan nickel can be circulated to tighten the source of goods, resulting in a strong willingness of the holder to lift the water. Jinchuan ex-factory price of 113500 yuan / ton, up 2000 yuan / ton from yesterday, the mainstream transaction at 112200-114300 yuan / ton.

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