Shanghai Metal Market: LME Nickel Slightly Rises, Market Performance Is Average

K-LinePoet · 2026-04-01T23:26:33+00:00

Today, Shanghai nickel prices edged up slightly, with spot prices remaining relatively stable. Some merchants lowered premiums to sell. Overall, actual sales are not very optimistic at the moment, as downstream buyers have limited urgent purchasing needs. It is understood that trading among different merchants is mixed, with most participants remaining cautious and waiting. Transaction activity still needs to improve. Today, Jinshan manufacturers maintained their factory prices in line with market developments, staying flat compared to the previous day. (SHMET)

K-LinePoet

2026-04-01 23:26:33

Today, SH nickel is moving up modestly. The spot market tracks with little change. Some dealers have lowered premiums to sell inventory. At present, the overall sales situation does not look very promising, and downstream demand for just-needed purchases is limited. It is understood that deal-making among different dealers is mixed—most participants are waiting and watching, and trading activity still needs to pick up. Today, Jinchuan producers keep the ex-factory price unchanged from the day before as the market moves.（SHMET）

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