SHFE Nickel Trades Higher (May 30, 2016)

SHANGHAI, May 30 (SMM) – SHFE 1609 nickel started at RMB 67,390/mt for night session last Friday and ranged RMB 67,200-67,700/mt before closing at RMB 67,420/mt.

SHFE 1609 nickel opened at RMB 67,300/mt on Monday and then sank to RMB 66,770/mt before ending at RMB 67,360/mt, up 0.55%. Trading volumes were down 280,000 to 545,000 lots and positions were down 1,268 to 660,000.