April 7, 2017 / 2:06 AM / 4 months ago

S.Korea buys 50 T of nickel for June arrival

    SEOUL, April 7 (Reuters) - South Korea bought 50 tonnes of
nickel for June arrival via a tender that closed on Thursday,
state-run Public Procurement Service said on its website (www.g2b.go.kr).
    Details of the purchase are as follows:
    TONNES(M/T) ORIGIN   SUPPLIER/PREMIUM(PER TONNE)
            50  Norway   Glencore Int'l AG/ $600
    
    *Note: The above premiums were made over London Metal
Exchange (LME) prices. The nickel products should arrive by June
16 at the port of Incheon. 
    

 (Reporting By Jane Chung; Editing by Amrutha Gayathri)
  

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