SHANGHAI, Sep 25 (SMM) –SMM data shows pure nickel stocks in Shanghai bonded zone fell slightly from two weeks ago, standing at 5,400 mt last week, including 1,970 mt of nickel briquette and 3,430 mt of nickel plate. Domestic demand for imported nickel fell, which has led to a decrease in orders for oversea nickel plate and, consequently, a reduction in imports. However, downstream demand is expected to pick up due to pre-holiday stockpiling for the upcoming National Day holiday. As a result, it is anticipated that inventory in the bonded zone will continue to decline slightly this week.
![[SMM Análise do Meio-Dia do Níquel] Os preços do níquel tiveram uma recuperação significativa em 3 de setembro. Os dados de emprego ADP dos EUA em agosto vieram surpreendentemente fracos, esfriando levemente as apostas em um aumento de juros em setembro.](https://imgqn.smm.cn/usercenter/qLeLR20251217171733.jpg)

![[SMM Análise Diária de Sulfato de Níquel] Mercado à vista com negociações lentas em 3 de setembro, preços do sulfato de níquel estáveis](https://imgqn.smm.cn/usercenter/Btmsv20251217171733.jpg)
