SMM Nickel Market Morning Comment (Apr 3)

Published: Apr 03, 2024 09:49 (GMT+8)

Source: SMM

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Overnight, the most-traded SHFE nickel contract opened at 130,850 yuan/mt, and closed at 132,590 yuan/mt, up 990 yuan/mt.

Overnight, the most-traded SHFE nickel contract opened at 130,850 yuan/mt, and closed at 132,590 yuan/mt, up 990 yuan/mt. Trading volume rose by 27,498 lots to 253,352 lots, and open interest decreased by 5,634 lots to 102,183 lots. The most-traded SHFE nickel contract rebounded after a lower opening. After falling to the intraday low of 130,840 yuan/mt, it closed up 1.96%.

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