Home / Metal News / Copper / SHFE Nickel Trades Up (May 11, 2016)
SHFE Nickel Trades Up (May 11, 2016)
May 11,2016 16:54CST
price review forecast
Source:SMM
SHFE 1609 nickel started at RMB 69,050/mt overnight and ranged RMB 69,000-69,400/mt, to close at RMB 69,310/mt.

SHANGHAI, May 11 (SMM) – SHFE 1609 nickel started at RMB 69,050/mt overnight and ranged RMB 69,000-69,400/mt, to close at RMB 69,310/mt.

SHFE 1609 nickel opened at RMB 69,350/mt on Wednesday and then moved higher to RMB 69,700/mt before moving at RMB 69,000-69,700/mt. The contract narrowly ranged RMB 69,350-69,600/mt and ended at RMB 69,400/mt, up 0.27%. Trading volumes were down 172,000 to 774,000 lots and positions were up 8,136 to 606,000.

SHFE 1609 nickel may grow marginally tonight. 


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