SHANGHAI, Jun. 6 (SMM) – SHFE 1709 nickel opened at RMB 73,090/mt today, rising to RMB 73,290/mt and then falling to RMB 72,920/mt. In the afternoon, SHFE 1709 nickel rose to RMB 73,290/mt, and closed at RMB 72,980/mt, down RMB 20/mt or 0.03%. Trading volumes on SHFE 1709 nickel decreased 112,000 to 255,000, and positions decreased 2,312 to 534,000. SHFE nickel is expected to hover narrowly this evening.