Home / Metal News / Nickel / [SMM Nickel Morning News] Lunni showed a concussive upward trend yesterday and followed up on the $11900 / ton positional pressure situation.
[SMM Nickel Morning News] Lunni showed a concussive upward trend yesterday and followed up on the $11900 / ton positional pressure situation.
Apr 15,2020 08:58CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, 15 April:

Lunni yesterday for the first opening two days after the suspension, LME closed during the Shanghai Nickel maintained a high shock mode, Lunni opened at $11720 / ton yesterday, the overall shock upward trend. Before noon, Lunni rose to around $11820 / ton, under pressure downwards, and repeatedly scouted the position unsuccessfully before noon. In the afternoon, Lunni broke through the pre-afternoon high of $11860 / ton, then fell back under pressure, and fluctuated slightly in the $11780-11860 / ton range in the afternoon. Into the night, Lunni re-engraved the day trend, a sharp shock up 11900 US dollars / ton level, and finally closed at 11905 US dollars / ton, compared with the previous trading day settlement price rose 205 US dollars / ton, up 1.75%, trading volume increased by 903 hands to 6471 hands, position decreased by 1637 hands to 217060 hands. Lunni closed in the small balcony yesterday, Lunni closed for five consecutive trading days, the K column as a whole stood above the rail level of the boll line, the top $11900 / ton position under pressure, today Lunni opened at $11865 / ton, today pay attention to the operation of Lunni pressure level of $11900 / ton.

[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]

(Zhang Lingying TEL:021-5166 6775 QQ: 1553928752)

"Click to sign up:" 2020 (Fifth) China International Nickel Cobalt Lithium Summit Forum "

To sign up for the Nickel Cobalt Lithium Summit or apply for entry into the SMM New Energy vehicle / Cobalt Lithium Industry Exchange Group, please scan the QR code below:

Nickel Price
trend Forecast
SMM Review
Daily Review
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