On July 22, Jinchuan nickel was at a premium of 1,900-2,000 yuan/mt, with an average of 1,950 yuan/mt, an increase of 250 yuan/mt compared to the previous trading day. Norilsk nickel was quoted at a premium of 0-100 yuan/mt, with an average of 50 yuan/mt, an increase of 50 yuan/mt compared to the previous trading day. In the morning, as the market fluctuated downward, spot premiums saw a slight increase. Nickel briquette prices were 126,800-127,000 yuan/mt, a decrease of 1,700 yuan/mt compared to the previous trading day. The price spread between nickel briquette and nickel sulphate was about 2,645 yuan/mt (nickel sulphate prices were 2,645 yuan/mt higher than nickel briquette prices).
![[SMM Analysis] Faible demande d'achat externe en aval ; les prix des sels de nickel ont baissé cette semaine](https://imgqn.smm.cn/usercenter/KFwsY20251217171734.jpg)
![[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)

