SHFE 1709 Nickel Finishes Higher (2017-6-19)-Shanghai Metals Market

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SHFE 1709 Nickel Finishes Higher (2017-6-19)

Price Review & Forecast 07:25:28PM Jun 19, 2017 Source:SMM

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. 

SHFE 1709 Nickel Finishes Higher (2017-6-19)

Price Review & Forecast 07:25:28PM Jun 19, 2017 Source:SMM

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.