SMM Nickel Market Morning Comment (May 10)

Published: May 10, 2024 09:17

Source: SMM

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On May 9, the most-traded SHFE nickel contract opened at 140,460 yuan/mt, and closed at 141,770 yuan/mt, up 580 yuan/mt compared with the last trading day.

On May 9, the most-traded SHFE nickel contract opened at 140,460 yuan/mt, and closed at 141,770 yuan/mt, up 580 yuan/mt compared with the last trading day. Trading volume fell by 53,485 lots to 168,181 lots, and open interest decreased by 8,003 lots to 90,022 lots. The most-traded SHFE nickel contract fluctuated at a relatively stable range, with the highest at 142,470 yuan/mt and a final decrease of 0.71%.

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