SHFE Nickel Up 0.8% (Dec. 31, 2015)

Published: Dec 31, 2015 19:05
SHFE 1605 nickel opened Wednesday night session at RMB 70,100/mt and then narrowly ranged RMB 69,880-70,400/mt.

SHANGHAI, Dec. 31 (SMM) – SHFE 1605 nickel opened Wednesday night session at RMB 70,100/mt and then narrowly ranged RMB 69,880-70,400/mt, to end at RMB 70,260/mt.

SHFE nickel started Thursday trading session at RMB 70,210/mt and once climbed to RMB 70,960/mt. Later, the contract erased some gains with exit of longs and closed at RMB 70,630/mt, up 0.8%. Trading volumes fell 164,000 to 838,000 lots and positions were down 14,766 to 429,000. 


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