Jinchuan’s Benchmark Nickel Price Hits Four-year Low

MetalBulletin reported that Jinchuan Group Ltd., China’s biggest nickel producer, has reduced its benchmark nickel price to the lowest level since April 2009.

As quoted in the market news:

The benchmark price from the producer stood at 96,500 yuan ($15,612) per tonne on Tuesday July 16, down 1,000 yuan from the price announced on Monday July 15.

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