SMM Nickel Market Morning Comment (May 8)

Published: May 8, 2024 09:52
Source: SMM
On May 7, the most-traded SHFE nickel contract opened at 145,800 yuan/mt, and closed at 144,170 yuan/mt, down 870 yuan/mt compared with the last trading day.

On May 7, the most-traded SHFE nickel contract opened at 145,800 yuan/mt, and closed at 144,170 yuan/mt, down 870 yuan/mt compared with the last trading day. Trading volume increased by 99,180 lots to 221,659 lots, and open interest increased by 6,413 lots to 98,178 lots. The most-traded SHFE nickel contract fell sharply in a short period of time in the morning, and then fluctuated at a relatively stable range, with a final decrease of 0.01%.

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