Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHFE Nickel Closes Higher (2017-1-16)
Jan 16, 2017 19:08Source:SMM
SHFE 1705 nickel opened at RMB 87,360/mt and finally closed at RMB 86,480/mt.
SHANGHAI, Jan. 16 (SMM) – On Monday, SHFE 1705 nickel opened at RMB 87,360/mt and then fluctuated above the moving average. During the afternoon trading, SHFE 1705 nickel dived to RMB 85,810/mt and finally closed at RMB 86,480/mt, up 1.44%. Trading volumes fell 77,000 to 563,000 lots and positions dropped 2,300 to 622,000.
SHFE 1705 nickel will test support at the 10-day moving average on Monday’s night trading.
SHFE 1701 nickel opened at RMB 85,000/mt and then dropped. During the afternoon trading, SHFE 1705 nickel dipped slightly to RMB 84,000/mt and finally closed at RMB 85,000/mt, up 1.46%. Positions rose 324 to 39,444 and trading volumes increased 348 to 1,356 lots. Settlement price of the contract was RMB 85,172/mt with delivery volumes at 19,722.
SHFE nickel
LME nickel
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
Related news
Summary of LME Nickel Trading Activity in June 2017
A monthly summary of LME Nickel trading activity for June this year is provided below.
Jul 14, 2017 20:31
SHFE Nickel Finishes Higher (2017-4-6)
SHFE 1709 nickel opened at RMB 86,560/mt and ended at RMB 86,440/mt, up RMB 740/mt or 0.86%.
Apr 6, 2017 17:40
SHFE Nickel Finishes with Losses (2017-1-19)
SHFE 1705 nickel started at RMB 84,950/mt and finally ended at RMB 84,920/mt, down 0.46%.
Jan 19, 2017 17:30
LME Nickel to Fluctuate at Lows (2017-1-19)
LME nickel will fluctuate at lows and SHFE 1705 nickel will move at RMB 84,200-86,000/mt on Thursday.
Jan 19, 2017 10:09
SHFE Nickel to Set with Losses (20171-12)
LME nickel will test support at RMB 10,000/mt on Thursday and SHFE 1705 nickel will move at RMB 83,800-86,500/mt.
Jan 12, 2017 09:36
SHFE Nickel to Set for Gains (2107-1-10)
LME nickel will increase on Tuesday and SHFE 1705 nickel is expected to range between RMB 85,800-87,800.
Jan 10, 2017 09:43
SHFE Nickel Prices down 0.7% (2017-1-6)
SHFE 1705 nickel opened at RMB 85,200/mt and finally closed at RMB 84,180/mt, down 0.7%.
Jan 6, 2017 21:30
SMM Events & Webinars
All- Oct14
SMM LME Metals Seminar 2025
Oct 14 - 14,2025London , the United Kingdom
- Oct20
Li-ION BATTERY China
Oct 20 - 21,2025Xiamen, China
- Oct20
APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
Oct 20 - 21,2025Xiamen, 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 © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
