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SHFE Nickel Ends with Losses (2017-1-20)
Jan 20, 2017 20:21Source:SMM
SHFE 1705 nickel started at RMB 83,350/mt and finally closed at RMB 81,780/mt, down 3.84%.
SHANGHAI, Jan. 20 (SMM) – On Friday, SHFE 1705 nickel started at RMB 83,350/mt and then regained some previous lost ground, but was still below the moving average. During the afternoon trading, SHFE 1705 nickel dipped to RMB 81,750/mt and finally closed at RMB 81,780/mt, down 3.84%. Trading volumes increased 408,000 to 720,000 lots and positions rose 55,600 to 687,000, the highest level since the launch of nickel futures contracts on the SHFE.
SHFE 1705 nickel will keep falling on Friday’s night trading.
SHFE nickel
LME nickel
nickel prices
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