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[brief Review of Nickel in SMM period] after the release of nickel in Shanghai, it rose back to 137000 yuan / ton in the first line of concussion.
Oct 8,2019 16:22CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, Oct. 08:

Shanghai Nickel 1912 opened at 139000 yuan / ton today. After the opening, Shanghai nickel all the way down, fell below the 5-day moving average, rebounded and repaired, to 137000 yuan / ton at the intersection of the 5 / 10 moving average, the center of gravity fluctuated slightly around the daily moving average, and finally closed at 137000 yuan / ton. compared with the settlement price of the previous trading day, the settlement price fell slightly by 50 yuan / ton, down 0.04%, and the trading volume increased by 35000 hands and 326000 hands. Positions increased by 42000 to 292000. Shanghai Nickel 1912 contract capital inflow today reached 671 million yuan, closed in the shadow line in the negative column, K column stood near the 5 / 10 moving average crossing, this evening concerned about whether Shanghai nickel can stand at 137000 yuan / ton level.

Pay attention to the monthly and annual rate of PPI in the United States in September.

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