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    China’s Jinchuan Hikes Nickel Prices Another 1.2%

    Investing News Network
    Aug. 31, 2011 11:20AM PST
    Base Metals Investing

    Platts reports Jinchuan Group (HKG:2362) raised domestic prices for the two grades it offers by a further Yuan 2,000/mt ($314/mt), or about 1.2%.

    Platts reports Jinchuan Group (HKG:2362) raised domestic prices for the two grades it offers by a further Yuan 2,000/mt ($314/mt), or about 1.2%.

    The market news is quoted as saying,

    Prior to these two hikes, Jinchuan had reduced the prices on August 22 and 24, each time by Yuan 3,000/mt, amid weaker nickel prices on the London Metal Exchange at the time.

    For the complete market news, click here.

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