[brief comment on nickel in SMM] Shanghai nickel 1906 on the last trading day today, Shanghai nickel 1908 concussion operation

Published: Jun 17, 2019 16:12
Shanghai Ni 1906 contract last trading day, the end of the straight line up; Shanghai Ni 1908 concussion operation.

SMM, June 17 / PRNewswire-Asianet /-

Shanghai nickel 1908 opened at 99360 yuan / ton today. At the beginning of the day, the pressure of 99500 yuan / ton fell rapidly after pushing up 99560 yuan / ton, with 99000 yuan / ton first-line support below, and the center of gravity fluctuated around the daily average of 99200 yuan / ton. In the afternoon, supported by the daily average, Shanghai nickel concussion rose, touching up 99680 yuan / ton, then reversed and fell, giving up all its gains, falling below the daily average of 98780 yuan / ton to close at 98850 yuan / ton, a drop of 560yuan / ton, or 0.56%, compared with the previous trading day. Trading volume decreased by 64600 hands to 367000 hands, and position increased by 6500 hands to 230000 hands. Throughout the day, Shanghai nickel main contract 1908 closed at the Xiaoyin line. In the evening, we will pay attention to whether Shanghai nickel can be supported by the 60-day moving average, stable at 99000 yuan per ton. This evening should pay attention to the New York Fed manufacturing, manufacturing jobs, price payments and price acquisition index in June; the NAHB house price index for June.

Today is the last trading day of the Shanghai Ni 1906 contract. Shanghai Ni 1906 opened at 100000 yuan / ton today. At the end of the day, it rose in a straight line to 100990 yuan / ton, the position was reduced by 48 hands to 16392 hands, and the actual delivery volume was 8196 hands. The trading volume increased by 312 hands to 552 hands, with a settlement price of 99970 yuan / ton.

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