SMM, 20 April:
Today's SMM1 electrolytic nickel offer 99800-101900 yuan / ton. Basic metals rose in the morning market, including Shanghai nickel and stainless steel. Spot, today traders have turned to 05 contract quotation, Russian nickel to Shanghai nickel 2006 contract report 150 to post 100 yuan / ton, after the opening of a small number of transactions, nickel prices break through the 100000 mark, the transaction turned weak. Jinchuan nickel Shanghai nickel 2006 contract rose 1100-1200 yuan / ton, transaction is also very few, it is reported that a small number of manufacturers to pick up the goods, but only agreed on the price period, not settled yet. Today, Jinchuan Company ex-factory price of 101800 yuan / ton, it is reported that a small number of goods are sold in Shanghai. Nickel beans to Shanghai Nickel 2006 contract application of 600 yuan / ton.
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![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)