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.