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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

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.

  • Industry
  • Nickel
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