SHANGHAI, Mar 17 (SMM) - On the supply side, SHFE nickel prices reached a new low yesterday. The spot premiums bottomed out, and the spot quotations remained low. NPI quotations were temporarily stable. Some NPI traders held a wait-and-see sentiment. On the demand side, according to SMM research, the spot stainless steel traders quoted low prices to ship, which still failed to boost the transactions. The agents were less willing to pick up goods and mainly consumed the high-priced inventories stored earlier. Alloy companies mainly purchased on demand amid the poor orders. To sum up, the pure nickel sector faces weak supply and demand, and the risky assets were sold off amid the banking crisis in Europe and US, weighing on nickel prices.
![[SMM revue de midi sur le nickel] Les prix du nickel ont fortement rebondi le 3 septembre. Les données ADP sur l'emploi américain d'août ont été étonnamment faibles, refroidissant légèrement les paris sur une hausse des taux en septembre.](https://imgqn.smm.cn/usercenter/qLeLR20251217171733.jpg)

![[SMM Revue quotidienne du sulfate de nickel] Le marché au comptant est atone le 3 septembre, les prix du sulfate de nickel sont stables](https://imgqn.smm.cn/usercenter/Btmsv20251217171733.jpg)
