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SHFE Nickel Prices down 0.3% (2017-2-24)

iconFeb 24, 2017 18:26
Source:SMM
SHFE 1705 nickel started at RMB 87,630/mt and closed at RMB 89,110/mt, down 0.3%.

SHANGHAI, Feb. 24 (SMM) – On Friday, SHFE 1705 nickel started at RMB 87,630/mt and then stabilized at lows. During the afternoon trading, SHFE 1705 nickel regained lost ground seen on Thursday’s nigh trading and closed at RMB 89,110/mt, down 0.3%. Trading volumes increased while positions dropped.

SHFE 1705 nickel will test the 60-day moving average on Friday’s night trading.

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LME nickel
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