Russian Nornickel expects primary nickel demand rise to 3.35mn t in 2023.

A high backwardation continued to dampen import appetite, leading to thin liquidity, although offers were quoted higher.

Fastmarkets sources continued to insist that prices were in parity, as rare as the phenomenon is.

At present, of the 17,244 tonnes of on-warrant nickel in LME warehouses in Rotterdam, briquette accounts for more than 92%.

Nickel price trend on December 14th

LME nickel price trend on December 11th

12月11日伦镍走势

Electrolytic nickel market weekly comment(December 7th-December 11th) LME nickel price rose up largely, so did the electrolytic nickel price