(Adds comment, updates prices)
SYDNEY, Sept 11 (Reuters) - Chinese nickel futures declined sharply on Monday in the wake of a selloff last week in London contracts, pressured by profit-taking and worries over the outlook for Chinese demand.
"The (Shanghai) price was so high that it put pressure on demand," said Celia Wang, a nickel analyst at Grandflow Resources in Shanghai. The contract last week hit its highest in around nine months.
"On the spot market, steel mills are not coming out to purchase (nickel) because the raw material price rose too high, too fast," Wang said.
"I heard that many investors thought it was hard for the price to go up any further and it needed some correction, which put the price down fast," Wang said.
* SHANGHAI NICKEL: The most-traded nickel contract on the Shanghai Futures Exchange closed 3.6 percent down at 91,230 yuan ($13,998.56) a tonne after trading close to 6-percent down on the day in the morning session. On Sept. 4, it touched its highest since late-December 2016 at 97,720 yuan.
* LONDON NICKEL: Three-month nickel on the London Metal Exchange was 0.8-percent higher at $11,672.50 a tonne by 0700 GMT after falling 4.7 percent on Friday.
* STEEL DOWN: Prices for steel rebar, an indicator of nickel demand, fell 1 percent.
* COPPER: LME three-month copper was mostly flat at $6,693 a tonne, following a 3 percent fall on Friday. Shanghai copper was off more than 1.6 percent.
Three month LME copper
Most active ShFE copper
Three month LME aluminium
Most active ShFE aluminium
Three month LME zinc
Most active ShFE zinc
Three month LME lead
Most active ShFE lead
Three month LME nickel
Most active ShFE nickel
Three month LME tin
Most active ShFE tin
ARBS ($1 = 6.5171 Chinese yuan renminbi)
(Reporting by James Regan; Additional reporting by Tom Daly in Beijing; Editing by Richard Pullin and Joseph Radford)