[Nickel Prices and Spot Premiums Both Weakened]
Spot premiums: Influenced by sentiment surrounding the recent supply tightening of Jinchuan-brand nickel plates, year-end premiums continued to rise and surpassed 4,000 yuan yesterday, reaching an annual high. However, in the past two days, a certain amount of Jinchuan-brand exported nickel plates has been re-imported into the domestic market, gradually entering the spot market and starting pre-sales, alleviating concerns over the short-term supply tightness of Jinchuan nickel plates. It is expected that the spot nickel plate premiums may pull back in the future.
![[SMM Análisis de mediodía del níquel] Los precios del níquel repuntaron significativamente el 3 de septiembre. Los datos de empleo ADP de EE. UU. de agosto resultaron sorprendentemente débiles, lo que enfrió ligeramente las apuestas sobre una subida de tipos en septiembre.](https://imgqn.smm.cn/usercenter/qLeLR20251217171733.jpg)

![[SMM Análisis diario del sulfato de níquel] El 3 de septiembre, el mercado spot registró escasas operaciones y los precios del sulfato de níquel se mantuvieron estables](https://imgqn.smm.cn/usercenter/Btmsv20251217171733.jpg)
