Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Jun. 9 (SMM) – SHFE 1709 nickel opened at RMB 72,920/mt today. China’s May PPI fell short of market expectations and April’s. SHFE 1709 nickel rose initially and then fell, falling after reaching RMB 73,200/mt, dipping to RMB 72,620/mt. In the afternoon, SHFE 1709 nickel closed at RMB 72,900/mt, up RMB 40/mt or 0.05%. Trading volumes on SHFE 1709 nickel decreased 160,000 to 277,000, and positions added 11,700 to 542,000. SHFE nickel is expected to weaken this evening.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn