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.

![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

