1、 Trend analysis

According to the nickel price monitoring of the business community, on the 13th, the average price of nickel in the spot market was 230,100 yuan/ton, up 2.53% from the previous trading day, or 57.53% year on year.

US stocks rose, with Lonnie closing 1.96% higher overnight; The import window of electrolytic nickel is closed, and domestic spot goods are tight. Since this year, domestic nickel inventory has been hovering at a low level, which has been a strong support for nickel price. However, the terminals that had dragged down the nickel price had also improved. The price of stainless steel stabilized and recovered, driving the return of production profits. The purchase of ferronickel increased, which supported the nickel price. In addition, Indonesian tariffs may be introduced to support nickel prices, but high nickel prices restrain demand, and nickel prices are expected to maintain a strong trend of shock.