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The main contract for Shanghai Nickel futures dived and is now down 1.5% to 12,9040 yuan/ton. According to the news, Weda Bay Nickel was approved to add 25 million tons of nickel ore RKAB quota. In addition to the quota already approved in the first half of the year, WBN's total nickel ore RKAB quota for 2026 has increased to about 37 million tons of wet tons.
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The main contract for Shanghai Nickel futures dived and is now down 1.5% to 12,9040 yuan/ton. According to the news, Weda Bay Nickel was approved to add 25 million tons of nickel ore RKAB quota. In addition to the quota already approved in the first half of the year, WBN's total nickel ore RKAB quota for 2026 has increased to about 37 million tons of wet tons.
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