SHFE Nickel Prices Closed at RMB 106,430/mt (May 19, 2015)

SHANGHAI, May 19 (SMM) – SHFE 1507 nickel contract prices opened at RMB 108,470/mt Monday evening, then fluctuated between RMB 108,400-108,700/mt, and closed at RMB 108,450/mt, down 0.15%. Trading volumes decreased 1,470 to 208,000. Total positions increased 5,654 to 127,000.

SHFE 1507 nickel contract prices opened at RMB 108,470/mt on Tuesday, then plunged as a large number of longs left the market, and closed at RMB 106,430/mt, down 1.86%. Trading volumes decreased 77,000 to 467,000, and total positions declined 4,930 to 116,000.