Yesterday, influenced by price corrections in downstream products, CIF offers in the Chinese nickel ore market showed slight softness, with subdued trading activity. Philippine mine offers remained firm, primarily focused on fulfilling previously placed orders. However, due to limited downstream acceptance of high prices, transactions for high-priced material were challenging. Buyers generally adopted a wait-and-see stance, leading to a slight widening of the actual negotiation range and a subsequent pullback in CIF prices. The Indonesian market held steady, continuing to apply the new benchmark price and premium for the first half of February. SHFE nickel prices strengthened yesterday, while spot trading for refined nickel remained generally weak. For Jinchuan material, many traders awaited guidance from its official ex-factory price in the morning. Sellers who offered material mostly raised their premiums/discounts, leading to a slight upward shift in the transaction focus.