Live News Update
SHFE nickel prices shrug off firm dollar; rest mixed
Only nickel prices on the Shanghai Futures Exchange managed to make significant headway during morning trading on Friday April 26, with the rest of the complex struggling against a firm US dollar.
The most-traded June nickel contract on the SHFE stood at 98,350 yuan ($14,594) per tonne as at 10.22am Shanghai time on Friday, up by 0.7% or 650 yuan per tonne from Thursday’s close of 97,700 yuan per tonne.
The positive performance in nickel comes despite a strengthening US dollar, which is weighing on the rest of the SHFE base metals this morning.
The positive performance in nickel comes despite a strengthening US dollar, which is weighing on the rest of the SHFE base metals this morning.
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