Home / Metal News / SHFE Nickel is Shut at Daily Downward Limit Price for All Day (Jul. 8, 2015)

SHFE Nickel is Shut at Daily Downward Limit Price for All Day (Jul. 8, 2015)

iconJul 8, 2015 17:15
Source:SMM
SHFE 1509 nickel opened at RMB 82,400/mt during Tuesday evening session and them dropped to daily limit, to finish at RMB 81,630/mt.

SHANGHAI, Jul. 8 (SMM) – SHFE 1509 nickel opened at RMB 82,400/mt during Tuesday evening session and them dropped to daily limit, to finish at RMB 81,630/mt.

On Wednesday, the contract was closed for all day at daily downward limit price of RMB 81,630/mt, down 5%. Trading volumes were only 25,018 lots with positions down 4,670 to 190,228.

SHFE 1509 nickel should continue to fall this evening due to growing possibility of a Greek exit.

 

SHFE nickel prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All