Home / Metal News / Nickel / [SMM Nickel spot afternoon Review] overnight Shanghai Nickel rose sharply today's high shock spot trading atmosphere returned to light.
[SMM Nickel spot afternoon Review] overnight Shanghai Nickel rose sharply today's high shock spot trading atmosphere returned to light.
Jul 22,2020 12:14CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, July 22nd:

Today, SMM1 Electrolytic Nickel is quoted at 106600 RMB107700 per ton. Last night, Shanghai nickel rose sharply with the price of crude oil and precious metals, and the nickel 08 contract rose and fell 107000 yuan / ton after first-line shock adjustment. On the spot side, downstream demand has been suppressed, only some traders are receiving low-priced goods, and the trading atmosphere is light again. Russo Nickel to Shanghai Nickel 2008 contract quoted 450 yuan / ton to 400 yuan / ton, few transactions in the morning. Jinchuan Nickel to Shanghai Nickel 2008 contract rose 400 won 500 yuan / ton, Jinchuan ex-factory price is 107300 yuan / ton, although there is a supply for sale in Shanghai, but there is no obvious advantage over the market price, long Association customers are generally willing to receive goods. As for nickel beans, the offer is 1200 yuan / ton, and the inquiry is also not good.

 

 

"Click to view SMM exclusive historical price data

Big data business contact:

Zhao Ming: 021mur51666780

 

Shanghai Nickel spot
Nickel Price
quotation
noon News

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn