SHFE Nickel Finishes Lower (2017-3-28)

Published: Mar 28, 2017 17:44

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SHFE 1705 nickel started at RMB 81,280/mt and closed at RMB 80,930/mt.

SHANGHAI, Mar. 28 (SMM) – On Tuesday, SHFE 1705 nickel started at RMB 81,280/mt and then dipped slightly. The contract later climbed to RMB 81,740/mt. During the afternoon trading, SHFE 1705 nickel declined to RMB 80,590/mt and then closed at RMB 80,930/mt. Trading volumes fell 158,000 tp 295,000 lots and position fell 26,000 to 377,000.

SHFE 1705 nickel will fluctuate at lows on Tuesday’s night trading with negative technical indicators.

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 communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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