SHFE Nickel Gains 3.74% on Short-Covering (Nov. 26, 2015)

Nov 26, 2015 17:09

SHFE 1601 nickel started at RMB 67,900/mt for night trading Wednesday and closed the session at RMB 69,400/mt.

SHANGHAI, Nov. 26 (SMM) – SHFE 1601 nickel started at RMB 67,900/mt for night trading Wednesday and closed the session at RMB 69,400/mt.

The most actively-traded contract opened Thursday trading session at RMB 69,250/mt and shot up to RMB 72,780/mt due to short-covering. However, the contract rolled back some gains, hurt by a stronger dollar and closed at RMB 70,800/mt, up by 3.74%. Trading volumes were up 674,000 to 1.87 million lots while positions dropped 11,356 to 367,000.

SHFE nickel prices

Ni price

nickel prices

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

SHFE Nickel Gains 3.74% on Short-Covering (Nov. 26, 2015)

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025