**Nickel Prices Remain Stable; Nickel Salts Invert Premium Compared to Nickel Beans**
On November 6th, Jinchuan nickel premium was reported at 1,700-1,800 yuan/ton, with an average price of 1,750 yuan/ton. The average price remained unchanged from the previous trading day. The premium for Russian nickel was quoted at -400 to 0 yuan/ton, averaging at -200 yuan/ton, which was also unchanged from the previous trading day.
![[Análisis de SMM] La demanda de compras externas downstream es débil; los precios de las sales de níquel cayeron esta semana](https://imgqn.smm.cn/usercenter/KFwsY20251217171734.jpg)
![[SMM Análisis de mediodía del níquel] Los precios del níquel repuntaron significativamente el 3 de septiembre. Los datos de empleo ADP de EE. UU. de agosto resultaron sorprendentemente débiles, lo que enfrió ligeramente las apuestas sobre una subida de tipos en septiembre.](https://imgqn.smm.cn/usercenter/qLeLR20251217171733.jpg)

