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[Ni] Review of Nickel Market in North China on June 3rd
SHANGHAI, June 3 (CBI China) -- Today, prices were RMB 113,000/mt for Russian nickel and RMB 116,000-117,000/mt for Jinchuan nickel in nickel market in north China.
Prices were RMB 113,000/mt for Russian nickel, RMB 115,500-116,000/mt for Jinchuan nickel and RMB 114,500/mt for Xinjiang nickel in northeast area.
A portion of traders offered RMB 114,700/mt for Russian nickel in Shijiazhuang city, showing a slight premium in north China.
The overall supply was ample in the market in north area. LME nickel price fell slightly, and the wait-and-see attitude dominated the market. The transactions were weak in north area today.
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