SHANGHAI, Aug. 28 (SMM) – SHFE 1801 nickel fell to RMB 92,050/mt after opening at RMB 92,090/mt on Monday. Rising ferrous metals prices pushed SHFE 1801 nickel up to RMB 93,530/mt in the afternoon. Finally, SHFE 1801 nickel ended down RMB 680/mt or 0.72% at RMB 93,520/mt. Trading volumes rose 158,000 lots to 791,000 lots, and positions were down 3,318 lots to 511,000 lots. The contract wil move in current range tonight.
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