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SHFE Nickel Prices Closed with Losses (Apr. 8, 2015)
Apr 8,2015 16:19CST
price review forecast
Source:SMM
SHFE 1507 nickel contract prices opened at RMB 94,500/mt Wednesday, then plunged to as low as RMB 93,300/mt.

SHANGHAI, Apr. 8 (SMM) – SHFE 1507 nickel contract prices opened at RMB 94,500/mt Wednesday, then plunged to as low as RMB 93,300/mt. In the afternoon, SHFE 1507 nickel contract prices clawed back early gains at one point, but lacked impetus to rise again, and closed the day with declines at RMB 93,950/mt, down 0.38%. Trading volumes decreased 336 to 91,376 lots, and total positions decreased 1,936 to 95,102 lots. SHFE 1507 nickel contract prices are expected to fall, but any declines will be limited.
 

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