【SMM Cobalt-Lithium Morning Meeting Summary: Lithium Carbonate Prices Rose Overall on Monday. On the supply side, some lithium salt companies were still in the early stages of resuming production after maintenance, resulting in relatively limited supplies available for spot sales beyond long-term contract orders. Some lithium salt companies have intentions for subsequent deliveries, but overall, lithium salt companies continue to sell long-term contract orders while pricing spot orders firmly. Their spot prices continue to rise. However, downstream companies like cathode material producers have given feedback that due to the recent continuous increase in lithium carbonate prices, while the pricing transmission of their products lags behind the lithium carbonate price hikes, the current pricing transmission situation makes it difficult to fully pass on the increased raw material costs to downstream customers, gradually squeezing production profits...】

Nickel, as an important industrial metal, its price is affected by a variety of factors, showing a complex and changing trend. From the market demand for nickel compounds, to the development of the stainless steel industry, to the macroeconomic and geopolitical fluctuations, these factors work together to make nickel prices show a constantly changing trend. In today's integrated global economy, the fluctuation of nickel prices not only concerns the healthy development of related industries, but also affects the stability and prosperity of the global economy. Therefore, we need to pay close attention to the nickel market dynamics, and master the internal logic and law of its price changes, to better cope with the risks and grasp the opportunities. As a professional metal information platform, SMM is committed to providing comprehensive, accurate and timely nickel market data and analysis to help enterprises and investors better understand market dynamics and make informed decisions. We believe that through continuous research and exploration, we can better grasp the future development trend of the nickel market and contribute to the sustainable development of the industry.

The nickel ore inventory at Chinese ports dipped 175,000 wmt from a week earlier to 8.28 million wmt as of January 28.

The nickel ore inventory at Chinese ports dipped 114,000 wmt from a week earlier to 9.35 million wmt as of November 26.

Indonesia Department of Energy and Mineral Resources released the benchmark price forecast of Indonesian nickel ore in November.

The silicon metals prices skyrocketed in September and started to fall after the National Day holiday in October. The prices of oxygen-free 553# silicon basically lost all the gains in September, and the prices of high-grade silicon was relatively firm.

Shanghai base metals all trended higher on Monday morning boosted by the unexpectedly low US employment data. Meanwhile, their counterparts on LME trended mixed.

Shanghai nonferrous metals closed all in the positive territory as the US debt risks have been contemporarily mitigated.

Customs data showed that China imported 5.78 million mt (wmt and dmt mixed) of nickel ore in August, up 11.4% month on month and 54.2% year on year.

Shanghai base metal basically trended lower on Wednesday morning against the lower-than-expected US CPI increase in August. Meanwhile, their counterparts on LME mostly cruised higher.