Recently, nickel ore transaction prices saw a slight decline compared to the previous period. Chinese traders, constrained by earlier high-cost purchases and rising shipping fees, had limited room for price concessions. In Indonesia, nickel ore supply remained tight, which kept overall prices on an upward trend. Additionally, Indonesia introduced a new calculation method for its domestic trade benchmark price. Market sentiment and transaction dynamics in the nickel ore sector will require close monitoring.SHFE Nickel prices strengthened yesterday, but refined nickel spot transactions remained sluggish. Some traders lowered premiums to facilitate deals, while others held onto inventory.