Non-ferrous
PriceNewsPublicationDatabaseEventsConsultingNon-ferrous
Base metals
Minor metals
Precious metals
Scrap metals
Rare earth
News
SHFE Nickel Jumps 3.55% (May 3, 2016)
May 3,2016 17:54
CSTprice review forecast
Source:SMM
SHFE market was closed on Monday for May Day holiday.
SHANGHAI, May 3 (SMM) – SHFE market was closed on Monday for May Day holiday.
SHFE 1609 nickel started at RMB 73,290/mt on Tuesday and dipped to RMB 72,700/mt. The contract later ranged RMB 73,350-73,850/mt and grew to RMB 76,200/mt in the afternoon business owing to gains in Chinese stock market and weaker dollar, to end 3.55% higher at RMB 75,940/mt. Trading volumes were down 91,602 to 863,000 lots and positions grew 59,346 to 653,000.
SHFE 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
Related news
LME Nickel to Fluctuate Narrowly (2017-10-17)
The spokesman of the 19th CPC National Congress will hold a press conference today.
Oct 17, 2017 09:37CST
LME Nickel to Find Support (2017-10-13)
EIA’s crude oil inventory posted the biggest declines, and losses in NYMEX crude oil narrowed.
Oct 13, 2017 09:37CST
SHFE Nickel to Move at Highs (2017-10-10)
Nickel producers in Shandong’s Linyi are required to cut output by 50% in the following 4 months, which is more significantly than expected.
Oct 10, 2017 09:34CST
LME Nickel to Remain Strong (2017-9-29)
Base metals rose due to expectations that China’s economy is growing steadily and progress of US tax reform.
Sep 29, 2017 09:41CSTLME Nickel Prices to Fall Further (2017-9-14)
LME nickel dropped overnight, and is expected to fall further today.
Sep 14, 2017 09:13CST
Nickel Prices to Continue Rising (2017-9-4)
Beijing, Tianjin and Hebei began their 11 th round of environmental crackdowns on September 1.
Sep 4, 2017 09:41CSTNickel Prices to Stay Firm (2017-8-30)
One high-grade NPI producer in Shandong’s Binzhou reopened after environmental protection inspection team left.
Aug 30, 2017 09:37CST
SHFE 1801 Nickel Prices to Fall Further (2017-8-28)
The market will lack macroeconomic news today.
Aug 28, 2017 09:27CSTMOST POPULAR
data analysis
price review forecast
feature
China Metals Market
Back to old version
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.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Copyright © 2020 SMM Information & Technology Co, Ltd. All rights reserved.