[brief comment on Ni in SMM] Shanghai Ni has hit new highs one after another and continued to rise.

SMM, July 12 / PRNewswire-Asianet /-

Shanghai nickel 1908 contract opened today at 103420 yuan / ton, at the beginning of the day, shanghai nickel pressure daily moving average narrow range concussion. In the afternoon, bulls increased their positions, Shanghai nickel concussion rose, breaking the daily average, touching 104050 yuan / ton, followed by a narrow range of 104000 yuan / ton under pressure, closing at 103840 yuan / ton, up 1160 yuan / ton, or 1.13 percent, from the settlement price of the previous trading day. The position was reduced by 7800 hands to 129000 hands, and the trading volume was reduced by 103000 hands to 520000 hands. Throughout the day, Shanghai nickel main contract 1908 closed in the lower shadow line Xiaoyang line, Shanghai nickel is expected to run above the 103400 yuan / ton gate in the evening.

This evening focused on the event in 2019 FOMC vote Committee, Chicago Federal Reserve Chairman Evans (Charles Evans) was interviewed on economic issues.