[brief Review of SMM] crude Oil leads the way up to pass 93000 after exploring Nickel in Shanghai

SMM, April 2-

Affected by crude oil, SHEF colored items today basically the same trend, the opening low after the shock all the way up. The Shanghai Nickel 2006 contract opened at 92350 yuan / ton today. The opening short increased its position by a large margin. Shanghai Nickel broke through the 90000 level and consolidated in this position. From 10: 00:00, affected by the shock and uplink of crude oil all the way, Shanghai Nickel followed the rise, broke 93000 yuan / ton and rose 93250 yuan / ton, the long profit left the market at the end of the day, the Shanghai nickel price fell slightly, and finally closed at 92900 yuan / ton. Compared with the previous trading day, the settlement price rose 150 yuan / ton, or 0.16%. The trading volume increased by 218000 hands to 660000 hands, and the position increased by 794 hands to 84229 hands. Shanghai nickel closed in the long shadow line today, 5 / 10 moving average near the K column center of gravity 92600 yuan / tonnage to form a technical cross, Lunni entered the European period after the downward trend, follow up to pay attention to the Shanghai nickel pressure 93000 yuan / ton gate position vibration.

[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 6775 QQ: 1553 928752, contact: Zhang Lingying]