SMM

SHANGHAI, May 9 (SMM) - On May 9, premiums of Jinchuan nickel were 8,400-8,500 yuan/mt. The average premium stood at 8,450 yuan/mt, down 450 yuan/mt from the previous trading day. NORNICKEL nickel was quoted at premiums of 7,000-7,300 yuan/mt, with an average of 7150 yuan/mt, down 250 yuan/mt from a day ago. Nickel prices continued to fluctuate, and transactions were acceptable. Nickel briquette prices were 188,200-188,500 yuan/mt, a decrease of 2,550 yuan/mt from a day ago. The transactions of nickel briquette were slack as it was still traded at premiums over nickel sulphate.