SMM #1 Refined Nickel Prices Up 3,100 Yuan/mt, Spot Premiums Stable

Published: May 27, 2026 12:00
On May 27, SMM #1 refined nickel prices rose 3,100 yuan/mt from the previous trading day. Spot premiums: Jinchuan #1 refined nickel averaged 1,100 yuan/mt, flat from the previous trading day, while mainstream domestic electrodeposited nickel premiums ranged from -500 to 500 yuan/mt.

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On May 27, SMM #1 refined nickel prices rose 3,100 yuan/mt from the pr - Shanghai Metals Market (SMM)