According to LME data of London Metal Exchange, LME nickel inventory fell to 50 172 tons today, a record low.

Related reports: CSI Futures: The Return of "Demon Nickel"? The price of nickel soared by more than 10%.

Macroscopically, the market sentiment correction of RMB exchange rate continued to strengthen, and the price of nickel inner disk fell. In terms of industry, the opening price of nickel surged by over 10%. In the news, the Indonesian factory of Zhongwei Co., Ltd. was suspected to have exploded, but then the company's secretary-general called it "something in the process of debugging." As of the completion of this report, the price of nickel has fallen. LME sanctions have not yet landed, and concerns about supply and delivery have eased, leading to a fall in nickel prices in Shanghai. The spot premium of pure nickel is raised, and the transaction is still mainly just needed; Paying attention to the Indonesian government's position on resources and new energy industries may involve nickel export tax. Pay attention to Lenny's operation in the evening. In terms of operation, Shanghai Nickel will wait and see for the time being.