GLOBAL NICKEL WRAP: US, EU briquettes diverge; Chinese premiums stable on closed import window

摘要

The United States and European nickel briquette premiums divergedin the week to Tuesday May 22 on tariff uncertainty and shippingissues, while Chinese premiums traded flat across the board amid alack of arbitrage profit possibility on a closed trade window.- European nickel briquette premium rebounds on reportedshipping delays out of Rotterdam warehouses, tightening thephysical market- US nickel briquette premium dips at top end on trade macrouncertainty- Closed import arbitrage window and subsequent lack ofarbitrage profit opportunity keeps Chinese premiums stable at14-month high