SHFE Nickel Prices Surge then Fall Back (Apr. 7, 2015)

Published: Apr 7, 2015 16:42

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SHFE 1507 nickel contract prices opened at RMB 97,500/mt Tuesday, then surged but plunged after 10:00 AM RMB 96,900/mt, dipping to as low as RMB 95,950/mt.

SHANGHAI, Apr. 7 (SMM) – SHFE 1507 nickel contract prices opened at RMB 97,500/mt Tuesday, then surged but plunged after 10:00 AM RMB 96,900/mt, dipping to as low as RMB 95,950/mt. In the afternoon, SHFE 1507 nickel contract prices fluctuated between RMB 96,100-96,500/mt. Trading volumes increased 15,070 to 75,688 lots, and total positions increased 2,544 to 83,542 lots. SHFE 1507 nickel contract prices are expected to remain stable in the near term.

nickel contract prices

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