Chinese nickel full-plate premiums reached an 18-month high amid an open arbitrage window between London and Shanghai in the week to March 9, sources said.
Fastmarkets' assessment of the nickel, min 99.8%, full plate premium, cif Shanghai was $150-170 per tonne on Tuesday, up by $40-50 per tonne from $100-130 per tonne on March 5 and at its highest since September 2019.Fastmarkets' assessment of the nickel, min 99.8%, full plate premium, in-warehouse Shanghai was $190-200 per tonne on Tuesday, up by $70-90 per tonne from $100-130 per tonne week on week and also...