**Nickel Prices Fluctuate, with Deepening Price Inversion Between Nickel Salts and Nickel Beans**
On October 25th, the Jinchuan nickel premium was reported at 1,500-1,600 yuan/ton, with an average price of 1,550 yuan/ton. The average price was down by 100 yuan/ton compared to the previous trading day. The Russian nickel premium was quoted at -300 to -100 yuan/ton, with an average price of -200 yuan/ton. The average price decreased by 50 yuan/ton compared to the previous trading day.



