SHFE 1709 Nickel Rises Further (2017-7-26)

SHANGHAI, Jul. 26 (SMM) – SHFE 1709 nickel opened at RMB 81,990/mt today. In the afternoon, SHFE 1709 nickel touched RMB 82,490/mt, and closed at RMB 80,920/mt, up RMB 870/mt or 1.09%. Trading volumes on SHFE 1709 nickel increased 28,600 to 583,000, and positions decreased 50,900 to 409,000. SHFE nickel is expected to remain range-bound this evening.