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SHFE 1801 Nickel Finishes Higher (2017-8-18)
Aug 18, 2017 19:03Source:SMM
SHFE 1801 nickel opened at RMB 87,010/mt today and then dipped to RMB 86,520/mt.
SHANGHAI, Aug. 18 (SMM) – SHFE 1801 nickel opened at RMB 87,010/mt today and then dipped to RMB 86,520/mt. In the afternoon, SHFE 1801 nickel surged to RMB 88,180/mt, pushed up by rebar and iron ore, and closed at RMB 88,090/mt, up RMB 440/mt or 0.50%. Trading volumes on SHFE 1801 nickel decreased 188,000 to 560,000, and positions increased 13,600 to 498,000. SHFE 1801 nickel will fluctuate at highs this evening.
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