June 7, domestic spot nickel price is stable, the Yangtze River comprehensive 1 # nickel price 227400-228750 yuan / ton, average price 228075 yuan / ton, up 775 yuan, Huawei spot 1 # nickel price 227050-228550 yuan, average price 227800 yuan / ton, up 1500 yuan, Guangdong spot nickel price 226300-226700 yuan / ton, average price 226500 yuan / ton, down 2300 yuan.

  Indonesia's export tariffs on low nickel products briefly promoted the disk trend, but Indonesia's nickel valuation standards and LME benchmark, so theoretically export tariffs will eventually be borne by both traders, nickel, raw iron prices, electrolytic nickel is actually weak, will not affect the domestic import tariffs.

  According to a domestic survey, due to the downturn in the high-speed rail market, a nickel iron plant in northeast China stopped maintenance on June 6, the time of production remains to be determined, and the nickel metal is expected to decrease by 700 tons.

  In terms of demand, the traditional terminal demand is still weak, domestic stainless steel factories are facing the pressure of production reduction, the demand growth of the new energy industry chain is slowing down, and the risks accumulated in the industrial chain will inhibit the procurement of raw materials.

  Overall, consumption is still not improved much, nickel prices will continue to remain stable.