According to the latest SMM survey, refined nickel inventory in the bonded zone was 5,400 mt last week, an increase of 1,240 mt WoW. Nickel prices were relatively stable last week, with a slight rebound on Friday. With the persisting price inversion between domestic and overseas markets, the export profit for nickel plates was still substantial. As a result, exports increased, leading to an inventory increase in the bonded zone.
![[SMM Tinjauan Tengah Hari Nikel] Harga nikel rebound signifikan pada 3 September. Data ketenagakerjaan ADP AS Agustus dirilis mengejutkan lemah, sedikit meredakan ekspektasi kenaikan suku bunga pada September.](https://imgqn.smm.cn/usercenter/qLeLR20251217171733.jpg)

![[SMM Tinjauan Harian Nikel Sulfat] Perdagangan Pasar Spot Lesu pada 3 September, Harga Nikel Sulfat Stabil](https://imgqn.smm.cn/usercenter/Btmsv20251217171733.jpg)
