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[brief comment on nickel in SMM] Shanghai nickel rose more than 2 per cent by breaking through the 100000 yuan / ton mark along the way

iconJul 8, 2019 16:42
Source:SMM

SMM, July 8 / PRNewswire-Asianet /-

Shanghai nickel 1908 opened at 99190 yuan / ton today. Before noon, the center of gravity of Shanghai nickel fluctuated around a narrow range of 99500 yuan / ton. At the end of the afternoon, bulls increased their positions, Shanghai nickel rose slightly, broke through the 100000 yuan / ton mark, and finally closed at 100330 yuan / ton, up 2280 yuan / ton, or 2.33%, the highest increase in the previous trading day. Trading volume increased by 65000 hands to 628000 hands, and position volume increased by 3300 hands to 115000 hands. Shanghai nickel index capital inflow of 286 million yuan. Shanghai Ni 1909 contract increased its position by 10052 to 129718 and 1910 contract by 10166 to 129602, with an average position. Throughout the day, Shanghai nickel main contract 1908 closed in the Zhongyang line, night attention Shanghai nickel can get a stable 10-day moving average. The data were light tonight.

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