SHFE 1509 Nickel Price Sees a Rise of 0.17% (Jun. 11, 2015)-Shanghai Metals Market

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SHFE 1509 Nickel Price Sees a Rise of 0.17% (Jun. 11, 2015)

Price Review & Forecast 05:36:33PM Jun 11, 2015 Source:SMM

SHANGHAI, Jun. 11 (SMM) – SHFE 1509 nickel reached RMB 102,000/mt after opening at RMB 101,850/mt Wednesday evening session. Then the contract fell backed to end up 0.15% at RMB 101,480/mt.

The contract started Wednesday trading session at RMB 101,400/mt and then touched an intra-day low of RMB 101,300/mt and high of RMB 101,930/mt, to close at RMB 101,500/mt, up 0.17%. Positions fell 8,862 to 202,000 and trading volumes slipped 74,678 to 324,000 lots.

LME nickel decreased during European trading hours. SHFE 1509 nickel may edge down tonight.
 

SHFE 1509 Nickel Price Sees a Rise of 0.17% (Jun. 11, 2015)

Price Review & Forecast 05:36:33PM Jun 11, 2015 Source:SMM

SHANGHAI, Jun. 11 (SMM) – SHFE 1509 nickel reached RMB 102,000/mt after opening at RMB 101,850/mt Wednesday evening session. Then the contract fell backed to end up 0.15% at RMB 101,480/mt.

The contract started Wednesday trading session at RMB 101,400/mt and then touched an intra-day low of RMB 101,300/mt and high of RMB 101,930/mt, to close at RMB 101,500/mt, up 0.17%. Positions fell 8,862 to 202,000 and trading volumes slipped 74,678 to 324,000 lots.

LME nickel decreased during European trading hours. SHFE 1509 nickel may edge down tonight.