Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
DashboardDatabaseProReportsEventsConsulting
Download our mobile app to
your devices
SHFE Nickel Ends with Losses (2017-4-18)
Apr 18, 2017 17:35Source:SMM
SHFE 1709 nickel opened at RMB 81,100/mt and closed at RMB 80,240/mt, down RMB 840/mt or 1.04%.
SHANGHAI, Apr. 18 (SMM) – On Tuesday, SHFE 1709 nickel opened at RMB 81,100/mt. The Philippines’ President reappointed Regina Lopez as Secretary of Department of Environment & Natural Resources, simulating expectation over tight nickel ore. SHFE 1709 nickel advanced to RMB 81,480/mt. During the afternoon trading, iron ore futures price plumped 6.5% and hit the lowest in 5 months, weighing down base metals. SHFE 1709 nickel plunged to RMB 80,020/mt and closed at RMB 80,240/mt, down RMB 840/mt or 1.04%. Trading volumes fell 57,000 to 387,000 lots and positions rose 13,000 to 491,000.
SHFE 1709 nickel is expected to drop to RMB 80,000/mt on Tuesday’s night trading with negative technical indicators.
SHFE nickel
LME nickel
nickel prices
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
LME Nickel to Fluctuate Narrowly (2017-10-17)
The spokesman of the 19th CPC National Congress will hold a press conference today.
Oct 17, 2017 09:37
LME Nickel to Find Support (2017-10-13)
EIA’s crude oil inventory posted the biggest declines, and losses in NYMEX crude oil narrowed.
Oct 13, 2017 09:37
LME Nickel to Remain Strong (2017-9-29)
Base metals rose due to expectations that China’s economy is growing steadily and progress of US tax reform.
Sep 29, 2017 09:41
LME Nickel Prices to Fall Further (2017-9-14)
LME nickel dropped overnight, and is expected to fall further today.
Sep 14, 2017 09:13
SHFE Nickel Prices Up 2.07% (2017-8-24)
SHFE 1801 nickel opened at RMB 94,520/mt and closed at RMB 94,000/mt, up RMB 191/mt or 2.07%.
Aug 24, 2017 17:23
SMM Events & Webinars
All- Oct09
NET ZERO EUROPE - Solar & Energy Storage Summit
Oct 09 - 10,2024THE EGG BRUSSELS, BELGIUM
- Oct08
2nd Li-ion Battery Europe 2024
Oct 08 - 10,2024THE EGG BRUSSELS, BELGIUM
- Jun24
2024 Global Renewable Metal Industry Chain Summit
Jun 24 - 25,2024To foster international cooperation and dialogue among industry colleaguesKuala Lumpur , Malaysia
Shanghai Metals Market
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.
