On June 18, Jinchuan nickel was at a premium of 2,700-3,000 yuan/mt, with an average of 2,850 yuan/mt, up 100 yuan/mt compared to the previous trading day. Russian nickel was at a discount 0-200 yuan/mt, with an average of 100 yuan/mt, flat compared to the previous trading day. In the morning, the market fluctuated downward, leading to a slight improvement in spot market transactions. On the other hand, the shortage of electro-deposited nickel in the spot market continued, and the premiums and discounts of various brands showed a significant upward shift. Nickel briquette prices were 133,750-133,950 yuan/mt, down 1,250 yuan/mt compared to the previous trading day. The price spread between nickel briquette and nickel sulphate was about 7,059 yuan/mt (nickel sulphate prices were 7,059 yuan/mt higher than nickel briquette prices).