SMM April 01: On April 01, the opening price of the main Shanghai nickel contract was 131,190 yuan/ton and the closing price was 131,600 yuan/ton, up 680 yuan/ton from the closing price of the previous trading day. Intraday trading was weaker than the previous trading day, with a trading volume of 225854 lots and an open interest of 107817 lots, a decrease of 207 lots and an open interest of 9,381 lots from the previous trading day. This combination suggests that both long and short sides have reduced their trades and are inclined to wait and see. From the trend point of view, the main Shanghai nickel contract fluctuated downward after the opening of the day, fell to an intraday low of 129,050 yuan/ton and began to fluctuate upward, and finally rose and fell +0.91%.



