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SHFE Nickel to Finish with Losses (2017-2-24)
Feb 24, 2017 09:46SHFE 1705 nickel will keep falling in Friday with weakening falling strength and LME nickel will test support at the 20-day moving average.
SHANGHAI, Feb. 24 (SMM) – Base metals dropped across the board on Thursday’s night trading and LME nickel and LME zinc led the decline. SHFE 1705 nickel will keep falling in Friday with weakening falling strength and LME nickel will test support at the 20-day moving average. SHFE 1705 nickel will move at RMB 86,500-88,500/mt on Friday.
In China’s domestic market, spot nickel should trade at RMB 85,800-87,600/mt on Friday.
SHFE nickel
LME nickel
nickel prices
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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 Prices Up 0.79% (2017-3-2)
SHFE 1705 nickel opened at RMB 91,440/mt and closed at RMB 91,150/mt, up RMB 710/mt or 0.79%.
Mar 2, 2017 17:27
SHFE Nickel Closes with Gains (2017-3-1)
SHFE 1705 nickel opened at RMB 90,920/mt and ended at RMB 91,090/mt, up 0.19%
Mar 1, 2017 17:07
SHFE Nickel to Hover at highs (2017-2-21)
Growth of LME nickel will slow down on Tuesday and SHFE 1705 nickel will hover at RMB 91,600-93,100/mt.
Feb 21, 2017 09:31
SHFE Nickel Closes with Losses (2017-2-3)
SHFE 1705 nickel started at RMB 85,800/mt and closed at RMB 84,690/mt.
Feb 3, 2017 18:04
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