Global nickel premiums were flat in the week to Tuesday May 12 amid subdued spot trade, despite optimism for commercial restarts in major global economies after the pandemic, sources said.
Shanghai Futures Exchange to allow delivery of nickel briquettes, while China premiums staticMore inquiries fail to enliven spot business, keeping US premiums flatEuropean nickel premiums hold despite restart optimismChina premiums stay unchanged amid negative arbitrageA second trader in Shanghai echoed this view, noting that the arb loss narrowed a...