SHFE Nickel Slips to Daily Limit on Slumping LME Nickel (Aug. 24, 2015)

Published: Aug 24, 2015 17:05
SHFE 1601 nickel once fell below RMB 79,000/mt after starting last Friday night session at RMB 80,000/mt, to close at RMB 78,930/mt.

SHANGHAI, Aug. 24 (SMM) – SHFE 1601 nickel once fell below RMB 79,000/mt after starting last Friday night session at RMB 80,000/mt, to close at RMB 78,930/mt.

The most active contract opened Monday trading session at RMB 78,600/mt and then dropped to daily limit as LME nickel broke down below USD 10,000/mt, to end at RMB 76,800/mt. Trading volumes saw a rise of 58,574 to 370,000 lots and positions grew 31,110 to 218,000. 


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 to learn 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
Space Computing Power Professional Committee Established; 10 Key Projects Unveiled
Apr 3, 2026 16:06
Space Computing Power Professional Committee Established; 10 Key Projects Unveiled
Read More
Space Computing Power Professional Committee Established; 10 Key Projects Unveiled
Space Computing Power Professional Committee Established; 10 Key Projects Unveiled
On April 3, at the 2026 Space Computing Power Industry Conference, the "Space Computing Power Professional Committee" of the Computing Power Industry Development Consortium was established. Yicai reporters learned on site that the conference released ten key research projects that day, covering critical technologies at the satellite platform level, chip level, payload board level, networking and operations level, hardware system level, system software level, industrial application level, cross-structural level, cross-launch vehicle level, and cross-thermal management level, and that joint research collaboration will be carried out with industry participants.
Apr 3, 2026 16:06
Data: SHFE, DCE market movement (Apr 03)
Apr 3, 2026 15:49
Data: SHFE, DCE market movement (Apr 03)
Read More
Data: SHFE, DCE market movement (Apr 03)
Data: SHFE, DCE market movement (Apr 03)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 03 Apr , 2026
Apr 3, 2026 15:49
Nvidia Invests $2 Bln in Marvell for Silicon Photonics Tech Cooperation
Apr 3, 2026 15:02
Nvidia Invests $2 Bln in Marvell for Silicon Photonics Tech Cooperation
Read More
Nvidia Invests $2 Bln in Marvell for Silicon Photonics Tech Cooperation
Nvidia Invests $2 Bln in Marvell for Silicon Photonics Tech Cooperation
Nvidia (NVDA.O) said it has invested $2 billion in Marvell Technology (MRVL.O), and the two sides plan to cooperate in the field of silicon photonics technology. Silicon photonics technology enables high-speed, energy-efficient data transmission, with its two common application fields being artificial intelligence and cloud computing. Nvidia Chief Executive Officer Huang Renxun said in a statement on Tuesday: “By joining forces with Marvell, we enable clients to leverage Nvidia’s AI infrastructure ecosystem and build dedicated AI computing capabilities at scale.”
Apr 3, 2026 15:02
SHFE Nickel Slips to Daily Limit on Slumping LME Nickel (Aug. 24, 2015) - Shanghai Metals Market (SMM)