SHFE 1801 Nickel Ends with Big Decline (2017-8-14)_SMM

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Home / Metal News / Nickel / SHFE 1801 Nickel Ends with Big Decline (2017-8-14)

SHFE 1801 Nickel Ends with Big Decline (2017-8-14)

Aug 14,2017 17:04

CST

SMM Comments

Source:SMM

On Monday, SHFE 1801 nickel opened at RMB 86,750/mt and staged similar movement with iron ore.

SHANGHAI, Aug. 14 (SMM) –On Monday, SHFE 1801 nickel opened at RMB 86,750/mt and staged similar movement with iron ore. Short covering pushed SHFE 1801 nickel up to RMB 87,330/mt early in the morning, but prices then fell back, and fell further to RMB 86,020/mt in the afternoon as shorts entered. Finally, SHFE 1801 nickel ended down RMB 1,690/mt or 1.92% at RMB 86,190/mt. Trading volumes decreased 309,000 lots to 435,000 lots, and positions increased 6,456 lots to 445,000 lots. SHFE 1801 nickel should hover at lows tonight due to negative technical side.

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SHFE 1601 nickel started Wednesday night session at RMB 75,700/mt and closed the session at RMB 75,730/mt.

Nov 5, 2015 16:57 timezone

CST

SMM Comments

Jinchuan Group Cuts Nickel Prices 500 yuan on Nov. 4

Jinchuan Group cut its ex-works prices to 76,000 yuan per tonne on Nov. 4, Shanghai Metals Market learns.

Nov 4, 2015 14:11 timezone

CST

SMM Schedule

SMM Nickel Market Daily Review (2015-11-2)

SMM #1 nickel prices were between RMB 75,900-76,700/mt on November 2.

Nov 3, 2015 09:47 timezone

CST

SMM Comments

SMM Lead Market Daily Review (2015-11-2)

SHFE 1512 lead moved lower to RMB 13,045/mt on Monday and ended the day at RMB 13,055/mt, down RMB 215/mt or 1.62%.

Nov 3, 2015 09:33 timezone

CST

SMM Comments

SHFE Nickel Closes with Losses (Nov. 2, 2015)

SHFE 1601 nickel opened at RMB 77,100/mt last Friday night and ranged between RMB 76,900-77,300/mt, to end at RMB 76,640/mt.

Nov 2, 2015 19:35 timezone

CST

SMM Comments

Nickel Prices to Fall as Shorts Return, SMM Says

Nickel prices on the SHFE are expected to drift lower this coming week as the shorts return, Shanghai Metals Market foresees.

Oct 30, 2015 17:00 timezone

CST

Industry News

Jinchuan Group Cuts Nickel Prices 1,100 yuan on Oct. 30

Jinchuan Group cut its ex-works prices to 76,800 yuan per tonne on Oct. 30, Shanghai Metals Market learns.

Oct 30, 2015 15:18 timezone

CST

SMM Schedule

Jinchuan Group Raises Nickel Prices 300 yuan on Oct. 28

Jinchuan Group raised its ex-works prices to 77,900 yuan per tonne on Oct. 28, Shanghai Metals Market learns.

Oct 29, 2015 09:41 timezone

CST

SMM Schedule

SMM Nickel Market Daily Review (2015-10-21)

SMM #1 nickel prices were between RMB 76,500-77,400/mt October 20.

Oct 22, 2015 09:36 timezone

CST

SMM Comments

SHFE Nickel Registers 1.08% Growth (Oct. 12, 2015)

SHFE 1601 nickel lurched down to RMB 79,000/mt after opening last Friday evening session at RMB 81,000/mt, to close at RMB 79,660/mt.

Oct 12, 2015 17:27 timezone

CST

SMM Comments

Nickel EVENTS

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05
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  Aug 05 - 05,2021
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