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SHFE 1709 Nickel Closes with Losses (2017-7-20)
Jul 20,2017 17:25CST
price review forecast
Source:SMM
SHFE 1709 nickel opened at RMB 78,980/mt today, and reached RMB 79,550/mt.

SHANGHAI, Jul. 20 (SMM) – SHFE 1709 nickel opened at RMB 78,980/mt today, and reached RMB 79,550/mt. In the afternoon, SHFE 1709 nickel followed rebar prices down, falling to RMB 78,540/mt, and closing at RMB 78,900/mt, down RMB 730/mt or 0.92%. Trading volumes on SHFE 1709 nickel decreased 15,600 to 398,000, and positions decreased 23,700 to 460,000. SHFE nickel is expected to hover weakly this evening. 

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