SHFE Nickel Prices Up 2.48% (Dec. 7, 2015)

Published: Dec 7, 2015 19:39
SHFE 1601 nickel opened last Friday night session at RMB 68,930/mt and closed the session at RMB 69,700/mt.

SHANGHAI, Dec. 7 (SMM) – SHFE 1601 nickel opened last Friday night session at RMB 68,930/mt and closed the session at RMB 69,700/mt.

SHFE nickel started Monday trading session at RMB 69,680/mt and ranged between RMB 70,300-70,600/mt in the afternoon business, to end at RMB 70,560/mt, up 2.48%. Trading volumes reduced 283,000 to 776,000 lots and positions dropped 10,142 to 268,000. 


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Data: SHFE, DCE market movement (May 28)
5 hours ago
Data: SHFE, DCE market movement (May 28)
Read More
Data: SHFE, DCE market movement (May 28)
Data: SHFE, DCE market movement (May 28)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 28 May , 2026
5 hours ago
Tianjin Zinc Ingot Spot Premiums in the Doldrums in May, Surplus Pattern Unlikely to Change in June [SMM Analysis]
7 hours ago
Tianjin Zinc Ingot Spot Premiums in the Doldrums in May, Surplus Pattern Unlikely to Change in June [SMM Analysis]
Read More
Tianjin Zinc Ingot Spot Premiums in the Doldrums in May, Surplus Pattern Unlikely to Change in June [SMM Analysis]
Tianjin Zinc Ingot Spot Premiums in the Doldrums in May, Surplus Pattern Unlikely to Change in June [SMM Analysis]
As May draws to a close, the Tianjin zinc ingot market exhibited operational characteristics of "stable supply, constrained consumption, and elevated inventory." Entering June, the market widely expects the oversupply to be difficult to reverse, with evident signs of weakening downstream consumption. Premiums are expected to remain in the doldrums going forward.
7 hours ago
SMM Zinc Ingot Inventory Down 1,600 mt from May 21, Driven by Lower Arrivals and Strong Demand
10 hours ago
SMM Zinc Ingot Inventory Down 1,600 mt from May 21, Driven by Lower Arrivals and Strong Demand
Read More
SMM Zinc Ingot Inventory Down 1,600 mt from May 21, Driven by Lower Arrivals and Strong Demand
SMM Zinc Ingot Inventory Down 1,600 mt from May 21, Driven by Lower Arrivals and Strong Demand
[SMM Update] According to SMM communications, as of Thursday this week (May 28), the total SMM zinc ingot inventory across seven regions was 260,900 mt, down 1,600 mt from May 21 and down 4,100 mt from May 25, with China's inventory declining. During the week, arrivals in Shanghai and Guangdong decreased, and coupled with downstream rigid demand for purchasing and picking up goods, inventories in Shanghai, Guangdong, and Zhejiang declined.
10 hours ago