SHFE 1509 Nickel down 0.54% (Jun. 4, 2015)

Jun 4, 2015 17:52

SHFE 1509 nickel opened at RMB 99,200/mt during Wednesday night session and closed the session at RMB 99,250/mt, gaining 0.19%.

SHANGHAI, Jun. 4 (SMM) – SHFE 1509 nickel opened at RMB 99,200/mt during Wednesday night session and closed the session at RMB 99,250/mt, gaining 0.19%.

The most trading contract started Thursday session at RMB 99,380/mt and hit a low of RMB 97,720/mt on falling LME nickel and China’s longs. The contract finished the day down 0.54% at RMB 98,530/mt after rebounding slightly on correction in the afternoon. Trading volumes dropped 36,094 to 373,158 lots whilst positions jumped 1,410 to 193,186.

LME nickel lost growing momentum during European trading hours. SHFE 1509 nickel is expected to fall further this evening.

nickel prices

SHFE 1509 nickel 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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

SHFE 1509 Nickel down 0.54% (Jun. 4, 2015)

SMM Events & Webinars

NET ZERO CHINA Field Trip

SMM Indonesia Seminar: Li-ion Battery & Energy Storage

2025 ASIA BATTERY MATERIAL COOPERATION SALON