SHANGHAI, Jul 4 (SMM) – In domestic spot nickel market, Jinchuan nickel was offered at premiums of 11,500-12,000 yuan/mt over SHFE 2308 nickel contract yesterday July 3, while Norilsk nickel was offered at premiums of 3,000-3,500 yuan/mt. SHFE nickel rose yesterday. High nickel prices cooled spot trades. Nickel prices will receive limited support from fundamentals.
SMM Nickel Market Comment
- Jul 04, 2023, at 9:57 am
- SMM
SHANGHAI, Jul 4 (SMM) – In domestic spot nickel market, Jinchuan nickel was offered at premiums of 11,500-12,000 yuan/mt over SHFE 2308 nickel contract yesterday July 3, while Norilsk nickel was offered at premiums of 3,000-3,500 yuan/mt