Norilsk nickel sees active trades in Shanghai on May 9

SHANGHAI, May 9 (SMM) – Norilsk nickel traded briskly while the Shanghai market traded normally on the morning of Wednesday May 9, SMM learned. Downstream consumers were keen to inquire about prices.

Most transactions were heard at 103,900-104,400 yuan/mt. Norilsk nickel traded at a premium of 500 yuan/mt against the Wuxi Stainless Steel Exchange 1806 contract, while Jinchuan traded at a premium of about 950 yuan/mt.

Jinchuan offered nickel plate at 104,400 yuan/mt.

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