Home / Metal News / Nickel / Nickel Prices Remained High and the Spot Transactions were Thin
Nickel Prices Remained High and the Spot Transactions were Thin
Sep 22, 2022 11:18CST
Source:SMM
In the spot market, on September 22, the premiums of Jinchuan nickel were quoted at 3,000-3,500 yuan/mt, with an average price of 3,250 yuan/mt, down 650 yuan/mt from the previous trading day.

SHANGHAI, Sep 22 (SMM) - In the spot market, on September 22, the premiums of Jinchuan nickel were quoted at 3,000-3,500 yuan/mt, with an average price of 3,250 yuan/mt, down 650 yuan/mt from the previous trading day. NORNICKEL nickel premiums was quoted at 1,800-2,100 yuan/mt, and the average price was 1,950 yuan/mt, down 150 yuan/mt from the previous trading day. At the early stage, the pure nickel futures prices was still high. Although the premiums fell, the spot transaction was lower than expected.

In terms of nickel briquette, the price of nickel briquette was 199,900-201,000 yuan/mt, up 1,450 yuan from yesterday. As the economy effectiveness of nickel briquette weakened, the transaction of nickel briquette was poor.

Market
Market

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

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

Related news