SHFE Nickel Prices off 0.46% (Sept. 17, 2015)

Published: Sep 17, 2015 17:25
For night trading Wednesday, SHFE 1601 nickel opened at RMB 78,800/mt and then fluctuate in RMB 78,500-79,000/mt.

SHANGHAI, Sept. 17 (SMM) – For night trading Wednesday, SHFE 1601 nickel opened at RMB 78,800/mt and then fluctuate in RMB 78,500-79,000/mt, to close at RMB 78,570/mt.

SHFE nickel started at RMB 78,620/mt Thursday and advanced to RMB 79,320/mt responding to a growth in Chinese stock market. Nonetheless, near the session’s end, the contract retreated all the gains with a slip in Chinese shares and exit of longs, to end at RMB 78,590/mt, down 0.46%. Trading volumes grew 200,000 to almost 1.68 million lots and positions increased 4,028 to 252,000.  


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
SHFE Nickel Prices off 0.46% (Sept. 17, 2015) - Shanghai Metals Market (SMM)