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 Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / SMM Nickel Market Morning Comment (Sep 20)

SMM Nickel Market Morning Comment (Sep 20)

Sep 20, 2024 09:37

Source:SMM

On September 19, Jinchuan nickel was quoted at a premium of 1,800-2,000 yuan/mt, with an average of 1,900 yuan/mt, up 50 yuan/mt compared to the previous trading day.

On September 19, Jinchuan nickel was quoted at a premium of 1,800-2,000 yuan/mt, with an average of 1,900 yuan/mt, up 50 yuan/mt compared to the previous trading day. Norilsk nickel was quoted at a discount of 200-100 yuan/mt, with an average of 150 yuan/mt, up 25 yuan/mt compared to the previous trading day. On the morning of September 18, the futures market fluctuated upward, and the spot premium narrowed overall compared to the previous working day. The price of nickel briquette was 121,850-122,950 yuan/mt, up 375 yuan/mt compared to the previous trading day. The price spread between nickel briquette and nickel sulphate was about 4,509 yuan/mt (nickel sulphate prices were 4,509 yuan/mt higher than nickel briquette prices).

Market review

For queries, please contact William Gu at williamgu@smm.cn

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

Related news

SMM Morning Comment For SHFE Base Metals On June 12

Overnight, LME copper opened at $9,693.5/mt, initially dropped to $9,680/mt, then fluctuated upwards, hitting a high of $9,816.5/mt during the session, and finally fluctuated widely to close at $9,805/mt, with a drop of 0.77%.

time

Jun 12, 2024 10:06

Copper inventories in the domestic bonded zones grew

Copper inventories in the domestic bonded zones grew 9,500 mt from May 9 to 90,700 mt as of Thursday May 16, according to the latest SMM survey.

time

May 17, 2024 18:41

Production resumptions of aluminum processing companies after Spring Festival [SMM Survey]

SHANGHAI, February 28 (SMM) –Last week, the operating rate of leading domestic aluminum downstream processing companies rebounded by 4.2 percentage points from pre-holiday to 55.5%.

time

Feb 28, 2024 13:54

Producers pushed up the price of PV-grade EVA, downstream demand for film was strong

Polysilicon: The mainstream prices of recharging polysilicon and dense polysilicon were 60-63 yuan/kg and 56-60 yuan/kg respectively. The polysilicon price index stood at 56.20 yuan/kg.

time

Feb 27, 2024 16:51

Baosteel ferromolybdenum bid solicitation price on January 30

On January 30, 2024, Baosteel Co., Ltd.’s latest 60-B ferromolybdenum bid solicitation price was 212,800-213,500 yuan/ton (acceptance), the bidding quantity was 300 tons, and the delivery date was before February 25.

time

Feb 1, 2024 11:32

Exports of aluminum plate/sheet and strip decreased by 800,000 mt in 2023 [SMM Analysis]

Customs data showed that in December 2023, China's aluminum plate/sheet and strip exports were 243,300 mt, up 2 percentage points MoM and 1 percentage point YoY.

time

Jan 30, 2024 10:47

Copper inventories in mainstream areas nationwide increased by 0.68 million tons at the end of the week [SMM Weekly Data].

As of Monday, January 29, SMM's copper stocks in mainstream areas across the country increased by 0.68 million tons to 920,000 tons compared with last Friday. Compared with the change in inventory on Friday, most areas of the country's inventory is increased, only Shanghai slightly decreased, the total inventory compared to the same period last year of 263,900 tons lower 171,900 tons

time

Jan 30, 2024 10:43

Copper inventories in mainstream areas nationwide increased by 0.68 million tons at the end of the week [SMM Weekly Data].

SMM Morning Comment For Zinc Market On January 30

Overnight, LME zinc opened at $2580/mt and hit a low of $2550/mt, closing down 1.12% at $2559/mt.

time

Jan 30, 2024 09:56

Nickel sulphate prices may stay high amid tight supply

The SMM battery-grade nickel sulphate index reached 26,348 yuan/mt on January 25, up 59 yuan/mt compared to January 18.

time

Jan 30, 2024 09:02

Data: SHFE, DCE market movement (Nov 28)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Nov 28, 2023

time

Nov 28, 2023 16:01

Data: SHFE, DCE market movement (Nov 28)

SMM Events & Webinars

Nov
24
- 2024 SMM Middle East Secondary Metal Field Trip
  Nov 24 - Dec 01,2024
  UAE
Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
23
- 2025 (20th) SMM Copper Industry Conference and Expo
  Apr 23 - 25,2025
  Nanchang，Jiangxi，China

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 Holiday Pricing Schedule

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.