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SHFE Nickel Closes with Gains (2017-3-1)
Mar 1, 2017 17:07Source:SMM
SHFE 1705 nickel opened at RMB 90,920/mt and ended at RMB 91,090/mt, up 0.19%
SHANGHAI, Mar. 1 (SMM) – On Wednesday, SHFE 1705 nickel opened at RMB 90,920/mt and then fluctuated. After Trump indicated on his first address to Congress that he will apply for USD 1 trillion on infrastructure construction, SHFE 1705 nickel advanced to RMB 91,260/mt. During the afternoon trading, SHFE 1705 nickel climbed up briefly and then fluctuated. The contract ended at RMB 91,090/mt, up 0.19%. Trading volumes increased while positions dropped.
SHFE 1705 nickel will hover at highs on Wednesday’s night trading with support at the 10-day moving average.
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 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
SHFE Nickel Ends with Losses (2017-1-23)
SHFE 1705 nickel opened at RMB 82,060/mt and finally closed at RMB 82,750/mt, down 0.77%.
Jan 23, 2017 18:13
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