Home / Metal News / SHFE Nickel Prices Stay Low (Apr. 14, 2015)

SHFE Nickel Prices Stay Low (Apr. 14, 2015)

iconApr 14, 2015 19:34
SHFE 1507 nickel contract prices opened at RMB 94,780/mt Monday evening, and touched the 20-day moving average but fell back down, slumping to as low as RMB 93,440/mt in the afternoon.

SHANGHAI, Apr. 13 (SMM) – SHFE 1507 nickel contract prices opened at RMB 94,780/mt Monday evening, and touched the 20-day moving average but fell back down, slumping to as low as RMB 93,440/mt in the afternoon.

SHFE 1507 nickel contract prices opened at RMB 93,630/mt on Tuesday, with the high end of RMB 94,090/mt and the low end of RMB 94,090/mt. Trading volumes increased 38,150 to 118,650 lots, and total positions grew 3,838 to 127,690 lots. SHFE 1507 nickel contract prices are expected to fall further this evening.

 

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news