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[brief comment on nickel in SMM] Shanghai nickel breaks through 100000 yuan / ton gate narrow range concussion operation
Jun 26,2019 15:54CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, June 26 / PRNewswire-Asianet /-

Shanghai nickel 1908 opened at 100300 yuan / ton today. At the beginning of the day, the shock fell to the 99800 yuan / ton barrier. Subsequently, Shanghai nickel under the 99800 yuan / ton first-line support, pressure 100000 yuan / ton first-line interval concussion operation. In the afternoon, Shanghai nickel recovered slightly to the daily average of 100300 yuan per ton, finishing horizontally, closing at 100070 yuan per ton, up 1020 yuan per ton, or 1.03 percent, compared with the previous day's settlement price, trading volume decreased by 18700 hands to 724000 hands, and position volume decreased by 15000 hands to 202000 hands. All day, Shanghai nickel main contract closed in the upper shadow line Yang cross star, below by a number of moving average support, the upper shadow line is about to touch boll line on track. In the evening, we will pay attention to whether Shanghai nickel can hold the 100000 yuan / ton gate. Tonight, we should pay attention to the changes in crude oil, gasoline and refined oil stocks in the United States until June 21.

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