Why Premiums of Jinchuan Nickel Surge in Late December? Will Price Gap between Jinchuan and Russian Nickel Continue Growing?
Nickel: Nickel price slid all the way from mid-December, and spot premiums of Jinchuan nickel surged to 1,200 yuan per tonne in late December, the highest of 2016. The price gap between Jinchuan and Russian nickel expanded to more than 1,000 yuan per tonne. SMM compares ex-works prices of Jinchuan nickel in Shanghai and SMM […]