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SHFE Nickel Prices Up 0.79% (2017-3-2)
Mar 2, 2017 17:27Source:SMM
SHFE 1705 nickel opened at RMB 91,440/mt and closed at RMB 91,150/mt, up RMB 710/mt or 0.79%.
SHANGHAI, Mar. 2 (SMM) – On Thursday, SHFE 1705 nickel opened at RMB 91,440/mt and then advanced to RMB 91,740/mt. During the afternoon trading, SHFE 1705 nickel declined to RMB 90,620/mt and then stabilized. The contract closed at RMB 91,150/mt, up RMB 710/mt or 0.79%. Positions dropped.
SHFE 1705 nickel will hover at highs on Thursday’s night trading with support at the 10-day moving average.
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