Last week, refined nickel stocks in SMM six major regions totaled 35,885 mt, up 977 mt WoW. Specifically, nickel plate stocks increased by 902 mt and nickel briquettes by 74 mt. As nickel prices fluctuated upward last week, downstream maintained sluggish procurement appetites, resulting in poor market transactions.


![[SMM Analysis] Demanda de compra externa downstream fraca; preços do sal de níquel caíram esta semana](https://imgqn.smm.cn/usercenter/KFwsY20251217171734.jpg)
