SHANGHAI, Jun. 19 (SMM) – SHFE 1709 nickel opened at RMB 73,710/mt today and reached RMB 72,800/mt. In the afternoon, SHFE 1709 nickel rose to RMB 74,160/mt range and closed at RMB 73,900/mt, up RMB 400/mt or 0.54%. Trading volumes on SHFE 1709 nickel increased 11,200 to 332,000, and positions decreased 6,074 to 512,000. SHFE nickel is expected to hover at highs this evening.