Bears take the initiative to increase their positions, and the final intraday rise and fall of -0.4% [SMM Nickel Brief Comment]

SMM April 29th: On April 29th, the opening price of the main Shanghai nickel contract was 145,000 yuan/ton and the closing price was 142,850 yuan/ton, a decrease of 3,020 yuan/ton from the closing price of the previous trading day. Intraday trading increased from the previous trading day, with a trading volume of 291042 lots and an open interest of 100654 lots, an increase of 21,522 lots and an increase of 1,132 lots from the previous trading day. This combination indicates that both long and short positions are increased, but bears take the initiative to increase their positions. Today's main Shanghai nickel contract intraday shock operation, the overall contract price fluctuated within a certain range, relatively stable, the final rise and fall of the day was -0.4%.