SHFE Raises Transaction Fees for Closing out Intra-day’s Positions in Ni 1801 Contract

Published: Sep 21, 2017 17:01

Save

The Shanghai Futures Exchange (SHFE) announced to raise transaction fees for intra-day close-out of positions in Ni 1801 contract from Sept. 22 (including Sept. 21 night trading).

SHANGHAI, Sept. 21 (SMM) – The Shanghai Futures Exchange (SHFE) announced to raise transaction fees for intra-day close-out of positions in Ni 1801 contract from Sept. 22 (including night trading on Sept. 21 ).

China NPI Producers Hold Back Sales on Difficulties in Sourcing Supplementary Materials

The fees will be raised from 6 yuan per lot to 18 yuan per lot, according to the announcement.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

SHFE nickel LME nickel nickel prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

21 mins ago

[SMM Stainless Steel Flash] Turkey Overtakes Germany in Steel Output; High CBAM Default Costs Loom Without Real Data

According to the Stainless Steel Industry Association (PASSAD), Turkey's steel sector surpassed Germany in 2025 to become Europe's largest producer, but officials warned that the industry faces severe cost risks under the new CBAM regime (effective Jan 1, 2026) if companies rely on high default emission values (2.3 tons) instead of actual data (0.6-0.7 tons). To maintain competitiveness and meet net-zero goals by 2053, the sector requires $31.4 billion in investment, supported by the newly launched Turkey Industrial Decarbonization Investment Platform (TIDIP) and the upcoming Climate Law No. 7552.

21 mins ago

[SMM Stainless Steel Flash] German Minister Urges "Location Patriotism" for Green Steel

According to reports on Feb 20, German Environment Minister Carsten Schneider urged industries to show "location patriotism" by prioritizing domestic green steel, a move critics call unrealistic given the EU's 75% reliance on imported iron ore and the fact that cited examples like Deutsche Bahn's green tracks cover only 0.04% of the network. Simultaneously, analysts warn that the EU's protectionist tariff strategy may backfire, citing a NY Fed study showing that over 90% of US tariff costs were passed to consumers while the US trade deficit actually widened to $1.241 trillion in 2025.

21 mins ago

[SMM Stainless Steel Flash] Thailand Initiates AD Sunset Review on Cold-Rolled Stainless from Japan, Taiwan, Korea

According to a report on Feb 12, Thailand has initiated a sunset review of anti-dumping (AD) duties on cold-rolled stainless steel coils, sheets, and strips originating from Japan, Taiwan, and South Korea. The existing duties were set to expire on February 17, 2026. However, authorities determined that expiration would likely lead to a recurrence of dumping. Consequently, importers are required to pay security deposits equivalent to the AD duty rates (Japan: 0-50.92%; Taiwan: 0-33.99%; Korea: 50.99%) effective from February 18, 2026, through February 17, 2027 pending the review outcome.

21 mins ago