Home / Metal News / SHFE Nickel Closes with Losses (2017-2-3)

SHFE Nickel Closes with Losses (2017-2-3)

iconFeb 3, 2017 18:04
Source:SMM
SHFE 1705 nickel started at RMB 85,800/mt and closed at RMB 84,690/mt.

SHANGHAI, Feb. 3 (SMM) – On Friday, SHFE 1705 nickel started at RMB 85,800/mt. China’s Caixin manufacturing PMI fell to 51, missing market expectation. SHFE 1705 nickel this dropped to RMB 83,570/mt and then stabilized. During the afternoon trading, SHFE 1705 nickel climbed slowly and closed at RMB 84,690/mt. Trading volumes fell 67,000 to 353,000 lots and positions fell 44,000 to 662,000.

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