Nickel (SHFE) (SNI) Futures

124690.00 CNY
1190.00[0.95%]
as of 2024-02-08
Q

What industries use nickel?

A

Aerospace, defense, oil, gas, power, solar and electronics businesses all use nickel for its conductive properties, along with jewelry makers.

Q

How much weight is included in a nickel future?

A

Nickel futures contracts generally include 6 tons of raw nickel.

Q

Can you hedge against inflation with nickel futures?

A

Yes, investors and businesses can hedge against inflation with nickel futures contracts.

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