SMM data shows pure nickel stocks in Shanghai bonded zone were unchanged WoW last week, standing at 3,500 mt, including 1,720 mt of nickel briquette and 1,780 mt of nickel plate. Domestic nickel plate sales have warmed up due to downstream stocking up. Additionally, continuous closure of import window further dampened prospects for importing pure nickel.
![[SMM Nickel Flash] Los precios del NPI de alta ley bajan en China y suben en Indonesia mientras las acerías ralentizan sus compras](https://imgqn.smm.cn/usercenter/yaAtG20251217171733.jpg)

![[Análisis SMM] Aumentan las expectativas de recuperación de la oferta, se debilita el sentimiento del mercado y los precios se ven presionados](https://imgqn.smm.cn/usercenter/LNpBh20251217171732.jpeg)
