Home / Metal News / Nickel / SHFE 1709 Nickel Closed Lower (2017-5-5)
SHFE 1709 Nickel Closed Lower (2017-5-5)
May 5,2017 19:38CST
price review forecast
Source:SMM
SHFE 1709 nickel opened at RMB 75,610/mt today. In the afternoon, SHFE 1709 nickel fell to RMB 74,730/mt, and closed at RMB 74,820/mt, down RMB 2,560/mt or 3.31%.

SHANGHAI, May 5 (SMM) – SHFE 1709 nickel opened at RMB 75,610/mt today. In the afternoon, SHFE 1709 nickel fell to RMB 74,730/mt, and closed at RMB 74,820/mt, down RMB 2,560/mt or 3.31%.

Trading volumes on SHFE 1709 nickel decreased 138,000 to 457,000, and positions increased 4,832 to 595,000. US will release its April non-farm report this evening, with employment expected to increase. SHFE nickel is expected to rally this evening. 

nickel prices
LME nickel prices
SHFE nickel prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news