SHANGHAI, Sept. 8 (SMM) – The number of US initial jobless claims increased due to hurricane, posting the biggest growth in 5 years, weighing down the US dollar. Chinese yuan surged above 6.49, and gold rose. LME nickel will fluctuate at highs today. SHFE 1801 nickel should fluctuate between RMB 94,700-96,200/mt today, with spot prices between RMB 94,300-95,400/mt.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

