SMM Nickel Market Morning Review (2015-9-28)
SHANGHAI, Sept. 28 (SMM) – LME nickel prices opened at USD 9,875/mt last Friday, and rose to USD 9,930/mt, but fell back to USD 9,825/mt. During European and US trading, LME nickel prices stood at the 20-day moving average, and closed at USD 9,960/mt, up 0.45%. Trading volumes decreased 637 lots to 5,862 lots, and total positions increased to 5,017. LME nickel inventories remained at 454,812 mt.
LME nickel prices will move around the 20-day moving average today. SHFE 1601 nickel contract prices will hover between RMB 76,500-77,500/mt today. Spot zinc prices in Shanghai should hold stable at RMB 75,500-76,800/mt.
LME nickel 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
For more information on how to access our research reports, please email service.en@smm.cn
Related Price
No Data
Copyright © 2020 SMM Information & Technology Co, Ltd. All rights reserved.
In common with most websites, we use cookies to carry out various tasks including improving our user's experience. Read more about how we use cookies here.