Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / SHFE Nickel Prices Dipped amid Weakening Demand

SHFE Nickel Prices Dipped amid Weakening Demand

Jan 17, 2023 11:15

Source:SMM

Spot quotations have been made against the SHFE 2302 nickel contract. On January 17, spot premiums of Jinchuan nickel stood at 11,000-12,000 yuan/mt, with an average premium of 11,500 yuan/mt, which was 750 yuan/mt lower than yesterday.

SHANGHAI, Jan 17 — Spot quotations have been made against the SHFE 2302 nickel contract. On January 17, spot premiums of Jinchuan nickel stood at 11,000-12,000 yuan/mt, with an average premium of 11,500 yuan/mt, which was 750 yuan/mt lower than yesterday. The premiums of NORNICKEL nickel stood at 6,700-7,200 yuan/mt, with an average premium of 6,950 yuan/mt, down 200 yuan/mt from yesterday.

In the morning, spot premiums fell amid quiet trading.

On the nickel briquettes front, the prices stood at 208,500-209,000 yuan/mt, a drop of 750 yuan/mt. The prices of nickel briquettes outstripped nickel sulphate, and spot transactions were subdued.

Spot

SMM

Futures

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

Spot Copper Prices Seen Rising

The discounts in Shandong improved last week, rallying from 310 yuan/mt early last week to 230 yuan/mt.

time

Mar 6, 2023 11:41

Spot Copper Prices Seen Rising

MMi Daily Iron Ore Report (December 19rd)

DCE iron ore futures declined by 3.7% today, the main contract closed 793.5. The traders' willingness to ship is less.The steel mills are wait and see.

time

Dec 19, 2022 18:23

Analysis SMM Comments SMM Insight

MMi Daily Iron Ore Report (December 19rd)

MMi Daily Iron Ore Report (December 14rd)

DCE iron ore futures rose by 1.32% today, the main contract closed 808.5. The traders' willingness to ship is general.The steel mills are active to purchase.

time

Dec 14, 2022 18:04

Analysis SMM Comments SMM Insight

MMi Daily Iron Ore Report (December 14rd)

Magnesium Prices Remain on the Wane

If the foreign trades fails to thrive in the future, then magnesium prices will decline further.

time

Dec 12, 2022 14:36

Magnesium Prices Remain on the Wane

MMi Daily Iron Ore Report (December 6rd)

DCE iron ore futures rose by 0.06% today, the main contract closed 795.5. The traders' willingness to ship is more .The steel mills are active to purchase.

time

Dec 6, 2022 18:26

Analysis SMM Comments SMM Insight

MMi Daily Iron Ore Report (December 6rd)

MMi Daily Iron Ore Report (December 2rd)

DCE iron ore futures rose by 2.21% today, the main contract closed 787.5. The traders' willingness to ship is more .The steel mills are more active to purchase.

time

Dec 2, 2022 18:24

Analysis SMM Comments SMM Insight

MMi Daily Iron Ore Report (December 2rd)

MMi Daily Iron Ore Report (December 1rd)

DCE iron ore futures declined by 0.07% today, the main contract closed 766.5. The traders' willingness to ship is less .

time

Dec 1, 2022 18:11

Analysis SMM Comments SMM Insight

MMi Daily Iron Ore Report (December 1rd)

MMi Daily Iron Ore Report (November 11rd)

DCE iron ore futures rose by 4.91% today, the main contract closed 662.5. The traders' willingness to ship is more.

time

Nov 11, 2022 18:40

Analysis SMM Comments SMM Insight

MMi Daily Iron Ore Report (November 11rd)

Lithium Salt Prices Extend Gains, Cobalt Prices Remain Stable

SHANGHAI, Nov 8 (SMM) -The SMM spot price of domestic lithium carbonate (99.5% battery grade) rose by 2,000 yuan/mt to 556,000-575,000 yuan/mt November 8, and those of domestic lithium hydroxide (56.5% battery-grade,coarse particles) also rose 2,000 yuan/mt to 549,000-567,000 yuan/mt.

time

Nov 8, 2022 13:41

Lithium Salt Prices Extend Gains, Cobalt Prices Remain Stable

Data: SHFE, DCE market movement (Sep 13)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Sep 13, 2022

time

Sep 13, 2022 15:21

Data: SHFE, DCE market movement (Sep 13)

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  To Be Determined
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.Benchmarking Analysis Of the Development Direction Of MHP And Nickel Matte

2.Technical Due Diligence Survey Of Nickel Product Unit

3.Long-term Price Forecast Of Nickel Industry

4.Feasibility Study Of Nickel Industry Investment

5.Indonesia Ni Industry Analysis

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.