European nickel briquette premiums down; pressure builds to adopt SHFE pricing in China

Nickel briquette premiums in Europe reversed the gains of previous weeks in the week to Tuesday March 21, with weaker buying interest and lower offers emerging in the market. Elsewhere, refined nickel premiums were steady in both the US and China amid a period of illiquidity.

Tensions between external suppliers and Chinese consumers were rising, however, with the market battling over the underlying basis of contracts.

Nickel briquette premiums in Europe remained volatile with spot...


Callum Perry

Ian Templeton

Dylan Duan

March 22, 2023

19:40 GMT

London, Shanghai, Seattle