Metals News
SHFE 1709 Nickel Closes Higher (2017-6-26)
price review forecast
Jun 26,2017

SHANGHAI, Jun. 26 (SMM) – SHFE 1709 nickel opened at RMB 75,210/mt today and reached RMB 75,460/mt. In the afternoon, SHFE 1709 nickel fell to RMB 74,920/mt but then rallied, and closed at RMB 75,340/mt, up RMB 430/mt or 0.57%. Trading volumes on SHFE 1709 nickel decreased 175,000 to 277,000, and positions decreased 17,894 to 517,000. Tsingshan’s 1 million mt/yr #300 stainless steel capacity in Morowali, Indonesia has commenced and will produce billet in June. Its output is expected to be 10,000-20,000 mt in July. Offshore yuan gainst the US dollar fell to a 1-month low. SHFE nickel is expected to fluctuate at highs this evening. 

nickel prices
LME nickel prices
SHFE nickel prices
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data