SHFE Nickel Trades Down (May 23, 2016)

May 23, 2016 16:25

SHFE 1609 nickel started at RMB 68,530/mt for night trading last Friday and once fell to RMB 67,500/mt.

SHANGHAI, May 23 (SMM) – SHFE 1609 nickel started at RMB 68,530/mt for night trading last Friday and once fell to RMB 67,500/mt. The contract later ranged RMB 67,600-67,900/mt before closing at RMB 67,760/mt.

SHFE 1609 nickel opened at RMB 67,720/mt on Monday and then moved lower to RMB 66,720/mt in response to ferrous metals prices, before ending at RMB 67,180/mt, off 1.96%. Trading volumes were up 269,000 to 828,000 lots and positions were up 14,878 to 643,000.

SHFE 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 Trades Down (May 23, 2016)

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025