Overnight, the most-traded SHFE nickel contract opened at 135,870 yuan/mt, and closed at 136,620 yuan/mt, up 3,170 yuan/mt compared with the last trading day. Trading volume fell by 60,071 lots to 189,887 lots, and open interest decreased by 2,407 lots to 90,380 lots. The most-traded SHFE nickel contract opened slightly lower, rebounded to the highest at 137,540 yuan/mt and then inched lower, with the final increase of 2.2%.
![[SMM Analysis] Demanda de compra externa downstream fraca; preços do sal de níquel caíram esta semana](https://imgqn.smm.cn/usercenter/KFwsY20251217171734.jpg)
![[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)

