Insufficient Release of Downstream End-Use Demand Puts Pressure on Nickel Prices. [SMM Nickel Morning Meeting Summary]

feb 24, 2025, at 9:09 am

[2.24 Morning Meeting Summary] Last week, nickel prices overall fluctuated downward, with spot prices ranging between 123,200-127,300 yuan/mt, while SHFE nickel futures prices fluctuated between 123,300 yuan/mt and 126,300 yuan/mt. The mainstream spot premiums for Jinchuan No.1 nickel were quoted in the range of 1,700-2,100 yuan/mt, with an average premium of 1,850 yuan/mt, down WoW. Market trading activity was low, and insufficient release of end-use demand from downstream sectors put pressure on nickel prices.

ARTÍCULO ANTERIOR
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SIGUIENTE ARTICULO
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Insufficient Release of Downstream End-Use Demand Puts Pressure on Nickel Prices. [SMM Nickel Morning Meeting Summary]

Lithium Battery Recycling Expected to Reach 470,000 mt of Scrap by 2025: How Can Industry Standards Be Rectified?

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