Last week, nickel ore prices remained generally stable, but the actual trading activity was subdued. A gap in price expectations between buyers and sellers persisted, leading to a widespread wait-and-see stance. In the Philippines' Surigao region, rainfall and typhoon conditions slowed loading and shipping efficiency, though the impact on actual mine shipment volumes remained limited. Downstream, nickel pig iron prices continued to face pressure, with plants showing low acceptance of current high ore prices. In Indonesia, the domestic benchmark prices for November (Period I) saw a slight decrease of $0.120.18/wmt, while the mainstream premium held steady around $26/wmt.Yesterday, SHFE nickel prices moved within a narrow range. As downstream firms had largely fulfilled their just-needed procurement last week, spot trading of refined nickel was generally muted. Spot premiums and discounts for most brands remained largely stable.