Short-term nickel price may fluctuate strongly
As overseas demand has improved, nickel prices rebound. However, the purchasing willingness of China's downstream customers has weakened after the price rose, and market transactions have been weak.
Currently, the Russian nickel has no imported resources replenishment as the Russian nickel import has been closed, which can support premium for a certain extent, but the demand is still depressed.
To sum up, nickel prices may fluctuate strongly in the short term.
