Qingshan Holdings, which was previously short of nickel, was targeted by Baipi because of sanctions against Russia. I think it is difficult to overcome it.

Unexpectedly, not only did HKEx come forward to ask its subsidiary, the London Futures Exchange, to cancel the day's trading, but also the State Reserve and Jinchuan jointly threw out 200,000 tons of spot, and Glencore dared not take orders.