SMM Nickel Market Morning Comment (Apr 16)

Published: Apr 16, 2024 09:56

Source: SMM

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On Monday, the most-traded SHFE nickel contract opened at 138,300 yuan/mt, and closed at 139,240 yuan/mt, up 990 yuan/mt compared with the last trading day.

On Monday, the most-traded SHFE nickel contract opened at 138,300 yuan/mt, and closed at 139,240 yuan/mt, up 990 yuan/mt compared with the last trading day. Trading volume increased by 56,688 lots to 340,848 lots, and open interest decreased by 5,153 lots to 66,135 lots. The most-traded SHFE nickel contract quickly reached the highest at 140,850 yuan/mt after the opening, and then fluctuated downward to the lowest before rebounding, with the final increase of 1.35%.

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