Shanghai Metals Market

[SMM Nickel Midday Review] Nickel Prices Experienced a Significant Correction on January 16, Central Bank Cuts Relending and Rediscount Rates by 0.25 Percentage Points

Starting from January 19, 2026, the interest rates for relending and rediscounting will be lowered by 0.25 percentage points. After the adjustment, the three-month, six-month, and one-year relending ...
Shanghai Metals Market

[SMM Nickel Midday Review] On January 6, the nonferrous metals sector saw a collective surge in bullish sentiment, with nickel prices rising by over 5,000 yuan/mt in a single day.

The most-traded SHFE nickel 2602 contract saw a strong rally in nickel prices during the morning session, with a single-day increase of over 5,000 yuan/mt, touching 140,000 yuan/mt. The closing price ...