[brief comment on nickel in SMM phase] Shanghai nickel operated at 100000 yuan / ton gate today

SMM, June 19 / PRNewswire-Asianet /-

Shanghai nickel 1908 opened today at 99980 yuan / ton, at the beginning of the plate, the pressure of 100000 yuan / ton gate, below by the daily average support, concussion operation. Subsequently, Shanghai nickel shock down to below the daily average, during which many attempts to break through the daily average of 99500 yuan / ton first line failed, won 99000 yuan / ton first line support, range concussion. Near the end of trading, the Shanghai nickel center of gravity fluctuated in a narrow range around 99000 yuan per ton, closing at 99060 yuan per ton, up 960 yuan per ton, or 0.98 percent, from the previous trading day. The position increased by 5600 hands to 237000 hands, and the trading volume increased by 224000 hands to 620000 hands. Shanghai nickel is expected to operate at a concussion of 100000 yuan per ton in the evening.

The Fed's interest rate decision should be watched tonight.