Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
DashboardDatabaseProReportsEventsCar Insight
Language: 
SHFE Nickel Prices Up 0.46% (2016-12-15)
Dec 15, 2016 16:50Source:SMM
SHFE 1705 nickel started at RMB 96,150/mt and finally closed at RMB 96,130/mt, up 0.46%.
SHANGHAI, Dec. 15 (SMM) – On Wednesday’s night trading, SHFE 1705 nickel opened at RMB 96,390/mt and then dived to RMB 94,640/mt with a large amount of positions closing by longs. The contract later regained previous lost ground and rallied to above the moving average before closing at RMB 96,120/mt.
On Thursday, SHFE 1705 nickel started at RMB 96,150/mt. US dollar index rose significantly and Chinese yuan dropped after US Federal Reserve hiked interest rate in December’s meeting. SHFE 1705 nickel advanced to RMB 97,140/mt and then dropped back below the moving average. During the afternoon trading, SHFE 1705 nickel ranged between RMB 96,000-96,400/mt and finally closed at RMB 96,130/mt, up 0.46%. Trading volumes reduced 38,000 to 764,000 lots and positions fell 8,400 to 532,000.
SHFE 1705 nickel will keep hovering at highs on Thursday’s night trading with strong support.
SHFE nickel
LME nickel
nickel prices
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
SHFE Nickel Prices Up 2.07% (2017-8-24)
SHFE 1801 nickel opened at RMB 94,520/mt and closed at RMB 94,000/mt, up RMB 191/mt or 2.07%.
Aug 24, 2017 17:23
SHFE Nickel to Trade at Wide Range (2017-8-14)
LME nickel will see range-bound trading and SHFE 1801 nickel will trade at RMB 86,000-87,500/mt.
Aug 14, 2017 09:24
SHFE Nickel Prices Up 0.22% (2017-4-11)
SHFE 1709 nickel started at RMB 84,800/mt and closed with price up RMB 190/mt or 0.22%.
Apr 11, 2017 18:38
SHFE Nickel Prices Up 1.46% (2017-4-5)
SHFE 1709 nickel opened at RMB 84,600/mt and closed at RMB 86,000/mt, up RMB 1,240/mt or 1.46%.
Apr 5, 2017 16:58SHFE Nickel Finishes with Losses (2017-3-23)
SHFE 1705 nickel opened at RMB 83,200/mt and ended at RMB 82,990/mt, down RMB 580/mt or 0.69%.
Mar 23, 2017 17:12
LME Nickel to Move at Lows (2017-3-22)
LME nickel is expected to fluctuate at lows on Wednesday and SHFE 1705 nickel will move at RMB 83,200-84,600/mt.
Mar 22, 2017 10:03SHFE Nickel Prices Up 0.98% (2017-2-20)
SHFE 1705 nickel started at RMB 91,330/mt and ended at RMB 91,690/mt, up 0.98%.
Feb 20, 2017 18:28
SMM Events & Webinars
All- Oct08
2nd Li-ion Battery Europe 2024
Oct 08 - 10,2024THE EGG BRUSSELS, BELGIUM
- Oct09
NET ZERO EUROPE - Solar & Energy Storage Summit
Oct 09 - 10,2024THE EGG BRUSSELS, BELGIUM
- Oct16
2024 （13TH）SMM METAL INDUSTRY ANNUAL CONFERENCE
Oct 16 - 18,2024Xining, Qinghai, China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday 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.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.
