Home / Metal News / Nickel / [brief Review of Nickel in SMM] Shanghai Nickel closes at Yang Cross Star and still fluctuates at the level of 137000 yuan / ton
[brief Review of Nickel in SMM] Shanghai Nickel closes at Yang Cross Star and still fluctuates at the level of 137000 yuan / ton
Oct 10,2019 16:00CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, 10 October:

Shanghai Nickel 1912 contract opened today at 134720 yuan / ton, after the opening, Shanghai nickel shock upward, to the 5th moving average near the pressure, the center of gravity around 137000 yuan / ton a narrow range of concussion. In the afternoon, the trend continued to fluctuate slightly in the first line of 137000 yuan / ton, and finally closed at 137210 yuan / ton, up 350 yuan / ton or 0.26% from the settlement price of the previous trading day. Trading volume increased by 327000 hands to 639000 hands, position increased by 8000 hands to 305000 hands, Shanghai nickel index capital inflow reached 336 million yuan today. Today, the Shanghai Nickel 1912 contract closed in the long lower shadow line Yang Cross, the upper 5-day moving average will face strong pressure, the overall 137000 yuan / ton first-line narrow shock operation, this evening to pay attention to the pressure of the 5 / 10 moving average above Shanghai Nickel.

 

[for more information, please subscribe to SMM Nickel Research Group products "China Nickel Chromium stainless Steel Industry chain General report" and "China Nickel Chrome stainless Steel Industry chain High end report" to obtain the latest nickel mine, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochromium, stainless steel (China + Indonesia) related data analysis and market analysis! For ordering and trial reading, please call 021-5166 6817 QQ: 2880505562, contact: Li Chuntian]

(TEL:021-5166 6817 QQ: 2880505562)

Shanghai Nickel spot
Nickel Price
trend Forecast
SMM Review
Daily Review
Shanghai Nickel Market Review
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