The final increase was +0.81% [SMM Nickel Brief Comment]

SMM April 03: On April 03, the opening price of the main Shanghai nickel contract was 133,430 yuan/ton and the closing price was 133,450 yuan/ton, up 860 yuan/ton from the closing price of the previous trading day. Intraday trading was weaker than the previous trading day, with a trading volume of 249948 lots and an open interest of 92,787 lots, a decrease of 3,404 lots and an open interest of 9,396 lots from the previous trading day. This combination indicates that there is a strong wait-and-see atmosphere in the long and short space. From the trend point of view, the main Shanghai nickel contract rebounded after opening slightly downward, and rose to the highest point of the day at 134,380 yuan/ton, and then fluctuated downward, with a final increase of +0.81%.