SHANGHAI, Oct. 10 (SMM) – Trading sentiment in China’s domestic nickel market was moderate, with SHFE nickel fluctuating. After continuous price increases, stainless steel mills turned wary of purchases, and only a small amount of downstream producers entered the market for purchases due to low inventories.
Output Cut News Supports High-grade NPI Price
In the morning business, premiums of Jinchuan nickel were at around 1,200 yuan per tonne, and 200-250 yuan per tonne for Russian nickel, with mainstream traded prices between 87,700-88,700 yuan per tonne.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
![[SMM Stainless Steel Flash] Taiwan (PoC) 300-series HRC import prices climb as Indonesian hikes cut volumes](https://imgqn.smm.cn/usercenter/WNjzM20251217171732.jpeg)
![[SMM Stainless Steel Flash] Anglo American’s Brazil nickel sale to MMG faces EU scrutiny over stainless feedstock](https://imgqn.smm.cn/usercenter/UruWE20251217171732.jpg)
![[SMM Stainless Steel Flash] Taiwan (PoC) finds preliminary injury in AD case on Vietnamese cold-rolled stainless](https://imgqn.smm.cn/usercenter/UpZsx20251217171731.jpeg)
