Chinese spot nickel premiums fall further

Spot nickel premiums in China moved further down this week amid a quiet market.

Traders in Shanghai are offering premiums of $80-130 per tonne for spot standard Norilsk Nickel plate, down from $120-160 seen in the beginning of the month.
“We have not done any business on imported nickel [...] there are no buyers in the market,” a trader from Zhejiang province said.

Trade in the market...


Rena Gu

August 22, 2013

10:50 GMT