Home / Metal News / Nickel / [brief comment on Ni in SMM period] after Shanghai Ni pull up, adjust the center of gravity to run around the 100000 yuan / ton gate concussion.
[brief comment on Ni in SMM period] after Shanghai Ni pull up, adjust the center of gravity to run around the 100000 yuan / ton gate concussion.
Jul 9,2019 17:12CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM July 9 News:

Shanghai nickel 1908 opened at 100350 yuan / ton today. At the beginning of the day, Shanghai nickel fluctuated in a narrow range above the daily average, and then fell back slightly below the daily average, bearing pressure of 100000 yuan / ton. In the afternoon, Shanghai nickel rose through the 100000 yuan / ton mark, the upper pressure of 100200 yuan / ton line, many times failed to break through, the center of gravity around 100000 yuan / ton small fluctuations, closed at 99940 yuan / ton, compared with the previous trading day settlement price rose 710 yuan / ton, an increase of 0.72%, position decreased 9604 hands to 105854 hands, trading volume decreased 115000 hands to 513000 hands. Shanghai nickel main contract 1908 today closed at the Xiaoyin line, below has been a number of moving average support, the evening is expected to Shanghai nickel center of gravity around 100000 yuan / ton gate shock operation. This evening, Fed Chairman Powell (Jerome Powell) opened the stress test meeting hosted by the Boston Fed via satellite; St. Louis Fed Chairman Brad (James Bullard) addressed the official Forum of the International Monetary and Financial institutions.

Shanghai nickel spot
nickel price
trend forecast
SMM brief review
daily review
Shanghai nickel futures

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news