LME, India and China Nickel Prices All Boosted on Daily Index

On Dec. 12, 2012, the day’s biggest mover was the nickel 3-month price, which saw a 1.7 percent increase on the LME to $17,695 per metric ton. On the LME, the nickel spot price gained 1.6 percent to finish at $17,600 per metric ton.

The cash price of primary Indian nickel rose 0.8 percent. The price of Chinese primary nickel increased 0.7 percent.

Chinese stainless steel prices closed flat yesterday.

For the fifth consecutive day, the price of Chinese ferro-chrome held flat, and the price of Chinese ferro-moly remained steady too.