Nickel ore tenders were finalized, with prices remaining stable. In the Philippines, the northern Eramen 1.4% nickel ore tender was concluded at $42/wmt, while the Benguet 1.25% tender had not yet been finalized.SHFE nickel prices edged higher yesterday, and spot trading of refined nickel was relatively active overall. Premiums/discounts for most brands of refined nickel remained generally stable, with slight increases observed for some electro-deposited nickel brands. Amid high premium levels, traders without inventory procured cautiously, while those holding stocks maintained a wait-and-see attitude, anticipating further price increases. Due to production cuts by manufacturers, spot supply of refined nickel from brands including CNGR and GEM has gradually decreased. Huayou increased its deliveries of nickel plates to domestic exchange warehouses.