SHANGHAI, Oct 8 (SMM) – The warehousing and shipment operations basically stopped in the bonded zone during the National Day holiday, with only a small amount of arrivals of nickel plate.
The domestic demand is expected to pick up next week amid resumed production among nickel sulphate and stainless steel companies. The SHFE/LME price ration is likely to stay unchanged from the current level in the short term, and the import and export window will remain open.

![[NPI Daily Review] High-Grade NPI May Still Have Downside Room Under the Dual Pressure of End-User Demand and Steel Scrap](https://imgqn.smm.cn/usercenter/CjEnN20251217171733.jpg)
![[SMM Midday Nickel Commentary] On March 24, nickel prices retreated after rapid rise, and Iran denied having held talks with the U.S.](https://imgqn.smm.cn/usercenter/yaAtG20251217171733.jpg)

