Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
Price CenterDatabaseProReportsEventsCar InsightSHANGHAI, Apr. 11 (SMM) – On Tuesday, SHFE 1709 nickel started at RMB 84,800/mt and advanced slightly thanks to the Philippines’ nickel downstream industry development plan. During the afternoon trading, the contract climbed to RMB 85,500/mt and closed with price up RMB 190/mt or 0.22%. Trading volumes were up 39,000 to 454,000 lots and positions were down 1,104 to 409,000.
SHFE 1709 nickel will test support at the 20-day moving average on Tuesday’s night trading.
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn