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SMM Nickel Market Daily Review (2015-1-27)

2015/2/4      view:

SMM #1 nickel prices were between RMB 106,600-107,100/mt. Jinchuan began to sell as spot nickel prices rose in the morning. Traders also moved goods, but downstream buyers stayed on the sidelines, leaving overall transactions muted, and traded prices between RMB 106,400-107,100/mt. Spot nickel prices remained steady in the afternoon, with transactions quiet, and traded prices between RMB 106,400-107,100/mt. Jinchuan lowered nickel prices by RMB 2,300/mt to RMB 107,000/mt.