SHANGHAI, Apr. 13 (SMM) – SHFE 1507 nickel contract prices opened at RMB 94,780/mt Monday evening, and touched the 20-day moving average but fell back down, slumping to as low as RMB 93,440/mt in the afternoon.
SHFE 1507 nickel contract prices opened at RMB 93,630/mt on Tuesday, with the high end of RMB 94,090/mt and the low end of RMB 94,090/mt. Trading volumes increased 38,150 to 118,650 lots, and total positions grew 3,838 to 127,690 lots. SHFE 1507 nickel contract prices are expected to fall further this evening.