Group 1 - The current spot price of electrolytic nickel in Shanghai is reported at 146,450.00 CNY/ton, which is a premium of 5,510.00 CNY/ton over the futures main contract price of 140,940.00 CNY/ton [1] - On January 14, the futures market closed with the main contract for nickel at 140,940.00 CNY/ton, showing a slight decline of 0.11%, with a daily trading volume of 1,070,694 contracts [2] - The inventory of nickel futures on the Shanghai Futures Exchange increased by 836 tons to 40,272 tons compared to the previous trading day [3] Group 2 - The Indonesian Nickel Mining Association (APNI) announced a significant reduction in the planned nickel ore production for 2026 to approximately 250 million tons, down from 379 million tons in 2025 [3] - A report from Wengang Futures indicates that there is still significant oversupply pressure in the nickel market, with increasing inventory constraining the potential for price increases, although domestic liquidity is expected to provide some support for prices [4]
过剩压力依旧较大 预计镍价短期仍将宽幅震荡运行
Jin Tou Wang·2026-01-14 08:28