SHFE Nickel Closes Lower (May 5, 2016)-Shanghai Metals Market

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SHFE Nickel Closes Lower (May 5, 2016)

Price Review & Forecast 05:03:23PM May 05, 2016 Source:SMM

SHANGHAI, May 5 (SMM) – SHFE 1609 nickel started at RMB 74,540/mt overnight and ranged RMB 74,000/mt and ended at RMB 74,270/mt.

SHFE nickel opened at RMB 74,350/mt on Thursday and then dipped to RMB 73,120/mt, to end the day 1.26% lower at RMB 73,420/mt. Trading volumes were down 459,000 to 970,000 lots and positions fell 12,468 to 614,000.


Key Words:  SHFE nickel prices 

SHFE Nickel Closes Lower (May 5, 2016)

Price Review & Forecast 05:03:23PM May 05, 2016 Source:SMM

SHANGHAI, May 5 (SMM) – SHFE 1609 nickel started at RMB 74,540/mt overnight and ranged RMB 74,000/mt and ended at RMB 74,270/mt.

SHFE nickel opened at RMB 74,350/mt on Thursday and then dipped to RMB 73,120/mt, to end the day 1.26% lower at RMB 73,420/mt. Trading volumes were down 459,000 to 970,000 lots and positions fell 12,468 to 614,000.


Key Words:  SHFE nickel prices