Home / Metal News / SMM Daily Review - 2009/12/4 Nickel Market

SMM Daily Review - 2009/12/4 Nickel Market

iconDec 7, 2009 00:00

SHANGHAI, Dec. 7 (SMM) -- In Shanghai nickel market, traded prices for goods from Jinchuan Group fell below RMB 126,000/mt, and traded prices for imported nickel dropped to RMB 125,500/mt as well, but this level has approached to the its costs. In this context, importers were reluctant to move goods at lower prices, delivering very limited offers, and overall trading sentiment was lukewarm as a result. 

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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