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September 25, 2017

SHFE Base Metals Mostly Finish Higher, with Nickel Tumbling Tracking Ferrous Metals

SHANGHAI, Sept. 25 (SMM) – Ferrous metals mostly closed with declines on September 25, while most SHFE base metals finished higher.

Metal Futures Fall across the Board, with SHFE Nickel down by Daily Limit

Ferrous metals fell rapidly after opening and bottomed for the day around 10:00 am, and remained range-bound in the afternoon.

SHFE base metals diverged and mostly closed with gains except for aluminum and nickel. SHFE nickel prices plunged over 2%, tracking ferrous metals prices.

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