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[Ni] Review of Price Adjustment of Jinchuan Group

China's Yunnan Copper Says Q1 Output Down 34%

SHANGHAI, Apr. 21 (CBI China) -- Jinchuan Group continued to lift the price for 1# big refined nickel plate since the beginning of April.

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Price adjustment process of Jinchuan Group in April <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p></TD></TR>
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On April 3rd, 1# big refined nickel plate price is lifted to RMB 89,000/mt from 86,000/mt, up RMB 3,000/mt, and up 3.4%. <o:p></o:p></TD></TR>
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On April 8th, 1# big refined nickel plate price is lifted to RMB 92,000/mt, up RMB 3,000/mt, and up 3.4%. <o:p></o:p></TD></TR>
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On April 13th, 1# big refined nickel plate price is lifted to RMB 96,000/mt, up RMB 4,000/mt, and up 4.3%. <o:p></o:p></TD></TR>
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On April 15th, 1# big refined nickel plate price is lifted to RMB 106,000/mt, up RMB 10,000/mt, and up 10.4%. <o:p></o:p></TD></TR>
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On April 16th, 1# big refined nickel plate price is lifted to RMB 119,000/mt, up RMB 13,000/mt, and up 12.3%. <o:p></o:p></TD></TR>
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On April 20th, 1# big refined nickel plate price is lifted to RMB 128,000/mt, up RMB 9,000/mt, and up 7.0%. <o:p></o:p></TD></TR></TBODY></TABLE>
 &nbsp;&nbsp;&nbsp; Jinchuan Group has lifted nickel price by over 48.8% from RMB 86,000/mt over half a month.
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