Nickel Prices Fluctuate, Nickel Salt Inversion with Nickel Beans Continues" On October 16th, the Jinchuan premium was reported at 1300-1600 yuan/ton, with an average price of 1450 yuan/ton, an increase of 100 yuan/ton compared to the previous trading day. The Russian nickel premium was quoted at -400 to -150 yuan/ton, with an average price of -275 yuan/ton, an increase of 25 yuan/ton compared to the previous trading day.

[Fluctuating Nickel Prices and Widening Price Inversion Between Nickel Salts and Nickel Beans] On September 26, the premium for Jinchuan nickel was reported at 1700-1800 yuan/ton, with an average price of 1750 yuan/ton, an increase of 50 yuan/ton from the previous trading day. The premium for Russian nickel was quoted at -300 to -200 yuan/ton, with an average price of -250 yuan/ton, down 25 yuan/ton from the previous trading day.

[SMM Flash] According to SMM on September 19, the premium of SMM nickel sulfate over Grade-A nickel beans has exceeded RMB 3,000 per nickel ton for nearly half a month, meeting the conditions for opening the acid-soluble nickel bean channel. However, due to the scarcity of domestic nickel bean spot goods, there is no acid-soluble nickel bean transaction in the market at present. SMM will continue to keep a close eye on this.

Nickel Prices Fluctuate Upwards with Narrowing Price Difference between Nickel Salts and Nickel Beans" On September 19, the Jinchuan premium was reported at 1800-2000 yuan/ton, with an average price of 1900 yuan/ton, marking an increase of 50 yuan/ton compared to the previous trading day. The Russian nickel premium was quoted between -200 and -100 yuan/ton, with an average price of -150 yuan/ton, representing an increase of 25 yuan/ton from the previous trading day.

Fluctuating Nickel Prices with Slightly Widened Price Gap between Nickel Salts and Nickel Beans" On September 18th, the Jinchuan premium was reported at RMB 1,700-2,000/tonne, with an average price of RMB 1,850/tonne, up RMB 150/tonne from the previous trading day. The Russian nickel premium was quoted at -RMB 250 to RMB 100/tonne, with an average price of -RMB 175/tonne, an increase of RMB 125/tonne compared to the previous trading day.

【Nickel Price Fluctuates, Price Difference between Nickel Salts and Nickel Beans Remains Stable】On September 13, Jinchuan premium was reported at 1,600-1,800 yuan/ton, with an average price of 1,700 yuan/ton, down 200 yuan/ton from the previous trading day. The premium for Russian nickel was quoted at -400 to -200 yuan/ton, with an average price of -300 yuan/ton, remaining flat compared to the previous trading day.