SHANGHAI, Aug. 24 (SMM) – On Thursday, SHFE 1801 nickel opened at RMB 94,520/mt and then kept rising to RMB 94,980/mt. During the afternoon trading, SHFE 1801 nickel dipped to RMB 93,600/mt with LME nickel, and closed at RMB 94,000/mt, up RMB 191/mt or 2.07%. Trading volumes were up 79,900 to 936,000 lots and positions rose 5,030 to 523,000.
SHFE 1801 nickel will fluctuate at current level on Thursday’s night trading.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

