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SMM Comments: SHFE Nickel Moved Downwards Affected by LME Market_SMM

SHFE 2204 nickel opened at 226,000 yuan/mt. The closing price stood at 223,800 yuan/mt, down 680 yuan/mt from the closing prices on March 28. ....

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SMM Daily Comment: LME Nickel Suspended after Opening. SHFE Nickel Soared Today._SMM

In the daily trade on March 16, SHFE 2204 nickel opened at 216,490 yuan/mt. The closing price stood at 235,200 yuan/mt, up 18,710 yuan/mt from Mar 15. Intraday trading was weak, with volume down 22,744 lots compared to Mar 15. ....

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Stainless buyers cautious amid nickel price volatility | Hellenic Shipping News Worldwide

Recent nickel price volatility is making European stainless steel market participants nervous – especially at a time when many fear that a price reversal is on the horizon. In addition, demand for stainless steel was slow to materialise, in the first few weeks of January. Nevertheless, domestic supply of several products, most significantly cold rolled . ....

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