Home / Metal News / Aluminium / SHFE Nickel Posts a Rise of 0.65% (Aug. 17, 2015)
SHFE Nickel Posts a Rise of 0.65% (Aug. 17, 2015)
Aug 17,2015 17:07CST
price review forecast
Source:SMM
Last Friday evening, Positions of SHFE 1601 nickel exceed SHFE 1509 nickel.

SHANGHAI, Aug. 17 (SMM) – Last Friday evening, Positions of SHFE 1601 nickel exceed SHFE 1509 nickel, but trading volumes of the former were still above the latter. Therefore, SHFE 1509 shifted to the most active contract again. SHFE 1509 nickel started with a positive gap at RMB 81,950/mt and then soared to RMB 82,430/mt before finishing at RMB 82,050/mt.

SHFE 1601 nickel touched a high of RMB 83,200/mt and a low of RMB 82,560/mt, to close at RMB 82,840/mt.

On Monday, SHFE 1509 nickel opened higher at RMB 82,050/mt and dived to RMB 81,530/mt, to end at RMB 82,100/mt, up 0.65%. Positions of SHFE 1509 nickel continue to shift to SHFE 1601 nickel. Trading volumes dropped 67,148 to 196,000 lots and positions also decreased 7,132 to 105,000.

SHFE 1601 nickel dipped to RMB 82,230/mt after starting Monday trading session at RMB 82,800/mt. The contract finally finished at RMB 82,880/mt. Trading volumes declined 3,488 to 132,000 lots while positions rose 2,054 to 127,000.

 

SHFE nickel prices
ni prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news

    timeApr 28, 2020 06:09timezoneCST
    timeApr 26, 2020 22:49timezoneCST
    timeApr 26, 2020 18:25timezoneCST
    timeApr 26, 2020 18:16timezoneCST
    timeApr 26, 2020 16:55timezoneCST
    timeApr 26, 2020 16:10timezoneCST
    timeApr 26, 2020 15:28timezoneCST
    timeApr 26, 2020 15:13timezoneCST
    timeApr 25, 2020 09:46timezoneCST
    timeApr 25, 2020 00:00timezoneCST