SHANGHAI, Mar 23 (SMM) - On March 23, premiums of Jinchuan nickel were 7,600-7,800 yuan/mt. The average premium stood at 7,700 yuan/mt, down 200 yuan/mt from the previous trading day. NORNICKEL nickel was quoted at premiums of 2,700-2,900 yuan/mt, with an average of 2,800 yuan/mt, down 100 yuan/mt from a day ago. Affected by the previous export profits and the weak downstream demand, some pure nickel was exported in February, tightening the domestic pure nickel supply. The spot premiums remained firm near the month-end. In terms of nickel briquette, the prices were 175,300-175,600 yuan/mt, an increase of 50 yuan/mt from the previous trading day. The transactions of nickel briquette were slack as it was still traded at premiums over nickel sulphate.



