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Jinchuan Ups Benchmark Nickel Price Following LME Gains
Oct. 23, 2013 11:06AM PST
Base Metals Investing MetalBulletin reported that this week, Jinchuan Group Ltd., China’s largest nickel producer, has raised its benchmark nickel price by almost 5 percent. The move follows the metal’s price gains on the London Metal Exchange.
MetalBulletin reported that this week, Jinchuan Group Ltd., China’s largest nickel producer, has raised its benchmark nickel price by almost 5 percent. The move follows the metal’s price gains on the London Metal Exchange.
As quoted in the market news:
The benchmark price from China’s largest nickel producer stood at 102,500 yuan ($16,723) per tonne on October 23, up 2,300 yuan from Tuesday when it made its latest increase.
Click here to read the full MetalBulletin report.