[Ni Price] SHFE Nickel Traces LME Nickel to Fall (Aug. 3, 2015)

Published: Aug 03, 2015 17:41 (GMT+8)

Save

SHFE nickel started last Friday evening session at RMB 82,200/mt and ended at RMB 82,540/mt with the session high at RMB 83,180/mt.

SHANGHAI, Aug. 3 (SMM) – SHFE nickel started last Friday evening session at RMB 82,200/mt and ended at RMB 82,540/mt with the session high at RMB 83,180/mt.

SHFE nickel opened at RMB 82,380/mt for day trading Monday and later followed LME nickel to fall to RMB 80,160/mt, to close at RMB 80,340/mt, off 1.76%. Trading volumes were up 36, 440 to 517,000 lots while positions fell 1,718 to 175,000.

SHFE nickel prices Ni price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

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

Related News

15 mins ago

【Flash | Mexico’s Molybdenum Output Extends Decline as Jan–Jul Supply Falls 8.3%】

Mexico’s National Institute of Statistics and Geography (INEGI) reported mine-metallurgical molybdenum output of 1,329 tonnes in July 2026, down 2.6% MoM and 6.3% YoY, marking a second consecutive monthly decline. Jan–Jul production totaled 9,281 tonnes, 835 tonnes lower than the 10,116 tonnes recorded a year earlier, representing an 8.3% YoY decrease. The renewed July contraction indicates that Mexico’s cumulative molybdenum supply remains below 2025 levels. The 2026 figures are preliminary, while the 2025 data are final.

15 mins ago

33 mins ago

2026 National Day Holiday Survey on Copper Processing Enterprises' Shutdowns — Wire and Cable

33 mins ago

42 mins ago

Secondary Copper Rod Producers Face Production Halts, Cautious Stockpiling Ahead of National Day

With the National Day holiday approaching, SMM conducted a survey on pre-holiday stockpiling and production arrangements among 19 secondary copper rod enterprises across 8 provinces and cities, including Anhui, Hubei, Hebei, Tianjin, Guangdong, Jiangxi, Sichuan, and Henan, with a combined annual capacity of 2.19 million mt.

42 mins ago