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Concern about Delivery Volume of SHFE Nickel being Eliminated

iconNov 17, 2017 11:36
Source:SMM
As per SMM data, electrolytic nickel inventory in Shanghai is about 100,000 tonnes but Contract 1801 of SHFE Nickel has shifted its position to Contract 1805 recently.

SHANGHAI, Nov.17 (SMM)-As per SMM data, electrolytic nickel inventory in Shanghai is about 100,000 tonnes but Contract 1801 of SHFE Nickel has shifted its position to Contract 1805 recently. Today (Nov.17th) position volume has dropped to 260,000 tonnes. Concern about insufficient delivery volume in Jan 2018 has been basically eliminated.


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