Europe Ni: Stocks keep pressure on premiums

摘要

European nickel premiums were flat in the past week as a fall in London Metal Exchange (LME) nickel prices failed to stimulate any increased spot demand amid steady availability of material. The Argus weekly in-warehouse Rotterdam premiums for full-plate nickel cathode and 4x4 cut cathode were unchanged at $25-40/t and $175-200/t, respectively. The nickel briquette premium was unmoved at $60-80/t after falling last week.