Due to signs that China's stimulus measures are starting to take effect, led by London copper, most varieties in the London metal market fluctuated and closed positive overnight, while London nickel continued to show an upward trend. The three-month nickel futures in London closed at 15,955 US dollars per ton, with an intraday increase of around 0.3%.

At present, the market is paying attention to whether China has any measures to support the outlook, especially in the face of imminent tariffs in the United States. Some people also speculate that the Trump administration will gradually implement tariffs over a period of time, which will help alleviate some market tension.

Domestically, the night market of Shanghai nickel futures fluctuated widely and closed slightly lower, with a resistance of 128,000 RMB/ton above. The final closing price was 127,680 RMB/ton, with a decrease of 140 RMB/ton or 0.11%.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.