Shanghai Metal Market: Shanghai Nickel Adjusts, Holiday Atmosphere Prevails

Today, Shanghai nickel prices fluctuated and declined, with the downward trend expanding during the session. On the last trading day of the year, only a few traders remained active, with limited offers. It is reported that some domestic nickel plate suppliers are offering discounts to sell inventory. Currently, the overall nickel market has entered a holiday mode, with downstream companies taking time off and leaving the market. Spot trading has basically come to a halt. Today, Jinchuan manufacturer adjusted its ex-factory price downward by another 5,000 yuan/ton compared to the previous day as the market developed. (SHMET)

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