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SHFE Nickel Prices Stay Low (Apr. 14, 2015)
Apr 14,2015 19:34CST
price review forecast
Source: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.

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

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