SMM, 17 April:
Today, Electrolytic Nickel SMM1 offers 97150-99050 yuan per ton. Russia Nickel to Shanghai Nickel 05 contract flat to 100 yuan / ton, Jinchuan Nickel to Shanghai Nickel 2005 contract in the rising water 1300-1500 yuan / ton. The transaction of Russian nickel today is mixed. Today, traders in the market have quoted prices for 06 contracts one after another, and the range is reported to be between 06 and 200, with transactions on the weak side. Some traders still offer flat water to 100 yuan / ton for Shanghai Nickel 2005 contracts, and the transaction situation is slightly better than that of traders quoted in the next month. Jinchuan nickel, the morning market quotation on the 2005 contract rose 1300-1500 yuan / ton, Shanghai nickel 2006 contract overreported in the vicinity of 1300 yuan / ton, the morning market transaction is relatively light, the second trading period, traders in order to promote transactions, the market has a small amount of 06 liters 1200 yuan / ton quotation. Jinchuan Company ex-factory price of 98600 yuan / ton, but only in Gansu Province. After the afternoon market, nickel prices continue to stabilize upward, the downstream to take goods to a certain extent, trading gradually tends to be light.
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