Nickel
China's spot Nickel is quoted between RMB 142500 and RMB 144500 per tonne, down RMB 500, with Jinchuan Nickel and Russian Nickel offered at RMB 144500 and RMB 142500 per tonne, and INCO Nickel near RMB 165000 per tonne.

"Our Jinchuan Nickel and Russian Nickel are quoted at RMB 144500 and RMB 142500 per tonne. Now we've readjusted our Jinchuan Nickel to RMB 144000 per tonne. Also, we've heard another voice of Nickel at RMB 143800 per tonne."A trader told SHMET.

"We made a purchase of Nickel products quoted at RMB 144000 per tonne from our clients, together with Russian Nickel around RMB 142000 per tonne. We take the view that our quotation was somewhat higher which led to a small number of tradings at last."Another trader told SHMET.

Tin
China's spot Tin is quoted between RMB 183000 and RMB 186000 per tonne, up RMB 500, with Yun Tin offered between RMB 185000 and RMB 186000 per tonne and other 1#Tin between RMB 183000 and RMB 184000 per tonne.

"Our Yun Tin is quoted at RMB 186000 per tonne, down RMB 2000 per tonne. We would like to trade our products at RMB 185500 per tonne."A trader told SHMET.

"We quoted our Jinlong Tin and Feidie Tin at RMB 184000 per tonne, but as the supply side in on the tense, we believe that such products were unlikely to be lowered if possibly."Another trader told SHMET.

Zinc
Shanghai 0#Zinc is quoted between RMB 15500 and RMB 15600 per tonne, down RMB 100, with tradings from RMB 320 to RMB 220 per tonne cantango;Shanghai 1#Zinc is quoted between RMB 15450 and RMB 15550 per tonne, also down RMB 100, with tradings from RMB 370 to RMB 270 per tonne cantango.

"The macro atmosphere has improved. Now most traders are waiting for a price reduce these days but we bet they would bring their business to life then."A trader told SHMET.

"Our 0#Zinc is quoted at RMB 15550 per tonne and old clients come to us for products but with a cautious attitude instead. The Zinc is offered at RMB 400 per tonne to the SHFE on its April contract."Another trader told SHMET.

Lead
China's spot Lead is quoted between RMB 15750 and RMB 15950 per tonne, down RMB 50, with tradings from RMB 280 to RMB 80 per tonne cantango.

"The market sentiment is not improving well, as most traders have still been on their holidays. The spot Lead price is around RMB 16000 per tonne."A large-scale trader told SHMET.

"Our medium-grade Lead is quoted at RMB 15750 per tonne, with a selling price minimally set at RMB 15750 per tonne. Currently, there's a low flow of products on the market as most downstream buyers decide to take products based on their requirements. Now our concern centers on the euro debt crisis."Another trader told SHMET.

Aluminum
China's spot Aluminium is quoted between RMB 15920 and RMB 15960 per tonne, down RMB 20, with tradings from RMB 100 to RMB 60 per tonne cantango.

"Our shippment is around 400 tonnages of products in the morning, and quotations on the market are mostly around RMB 15950 per tonne. There's a poor demand of goods from the downstream side as the market participants still maintain a cautious outlook towards the later Aluminium performance."A trader told SHMET.

"The LME Aluminium closed slightly higher but the domestic Aluminium was hard on a rally due to the weakening demand from the downstream side. We quoted our Aluminium at RMB 15940 per tonne."Another trader told SHMET.