SHFE 1801 Nickel Finishes Higher (2017-8-25)-Shanghai Metals Market

Hot Keywords

  • Nickel market
  • Copper
  • Silicon
  • Nickel ore
  • Aluminium
  • Inventory data
  • Sales data
  • Market commentary
  • Stainless steel
  • Production data
  • Nickel
  • Zinc
  • Morning comments
  • Silicon metal
  • Evening comments

SHFE 1801 Nickel Finishes Higher (2017-8-25)

Price Review & Forecast 07:39:15PM Aug 25, 2017 Source:SMM

SHANGHAI, Aug. 25 (SMM) – SHFE 1801 nickel opened at RMB 94,340/mt today and then fell to RMB 93,530/mt. In the afternoon, SHFE 1801 nickel rose to RMB 94,520/mt, and closed at RMB 94,280/mt, up RMB 410/mt or 0.44%. Trading volumes on SHFE 1801 nickel decreased 302,000 to 634,000 lots, and positions decreased 8,644 to 514,000. SHFE 1801 nickel will stay range-bound this evening. US durable goods orders in July will be released this evening. 

SHFE 1801 Nickel Finishes Higher (2017-8-25)

Price Review & Forecast 07:39:15PM Aug 25, 2017 Source:SMM

SHANGHAI, Aug. 25 (SMM) – SHFE 1801 nickel opened at RMB 94,340/mt today and then fell to RMB 93,530/mt. In the afternoon, SHFE 1801 nickel rose to RMB 94,520/mt, and closed at RMB 94,280/mt, up RMB 410/mt or 0.44%. Trading volumes on SHFE 1801 nickel decreased 302,000 to 634,000 lots, and positions decreased 8,644 to 514,000. SHFE 1801 nickel will stay range-bound this evening. US durable goods orders in July will be released this evening.