Huayou Cobalt plans to discuss with the London Metal Exchange (LME) the application to register the company's nickel products as LME deliverable brand. According to SMM’s understanding, the current nickel plate produced by Huayou’s OEM in Shandong has met the LME delivery standards.
The registration for SHFE deliverable brands of electrowinning nickel plate produced by Huayou is also underway, which is expected to be completed by mid-2023.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

