SMM

[Nickel prices fluctuated in a wide range in the morning, and the spot transaction was weak as a whole] On March 11, Jinchuan premium was reported at 1200-1500 yuan/ton, with an average price of 1350 yuan/ton, and the average price was 125 yuan/ton lower than that of the previous trading day, and the price of Russian nickel premium was -400 to -100 yuan/ton, with an average price of -250 yuan/ton, which was flat compared with the previous trading day... SMM March 11th: On March 11th, Jinchuan premium was reported at 1200-1500 yuan/ton, with an average price of 1350 yuan/ton, and the average price was lowered by 125 yuan/ton compared with the previous trading day, and the Russian nickel premium was quoted at -400 to -100 yuan/ton, with an average price of -250 yuan/ton, which was flat compared with the previous trading day. According to SMM research, some traders reported that the spot market transactions were concentrated in the downward stage of the disk, and the overall transactions were still dominated by downstream rigid stocking. Today's nickel bean price is 133,000-133,600 yuan/ton, an increase of 225 yuan/ton from the spot price of the previous trading day, and the price difference between nickel beans and nickel sulfate today is about 41 yuan/ton. (The price of nickel sulfate is 41 yuan/ton lower than the price of nickel beans).