SMM #1 Refined Nickel Price Up 350 Yuan/mt, Jinchuan Premium Down 50 Yuan/mt

Published: Jun 23, 2026 11:59

Save

On June 23, the SMM #1 refined nickel price rose 350 yuan/mt from the previous trading day. In terms of spot premiums, the average for Jinchuan #1 refined nickel was 1,350 yuan/mt, down 50 yuan/mt from the previous trading day, while mainstream domestic electrodeposited nickel brands were in the range of -600 to 400 yuan/mt.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Data: SHFE, DCE market movement (Jun 23)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 23 Jun , 2026

1 hour ago

Common.Time.hoursAgo

SMM: Nickel Market Sentiment Slips, Trading Sluggish Amid Price Discrepancies

[SMM Nickel Flash] On June 23, the SMM market sentiment index for high-grade NPI was 2.27, down 0.04 MoM; the upstream sentiment index for high-grade NPI was 2.67, down 0.05 MoM; and the downstream sentiment index for high-grade NPI was 1.88, down 0.02 MoM. The overall trading atmosphere in the nickel-iron market was sluggish today, with few transactions concluded. Price divergences between supply and demand persisted, as suppliers showed strong willingness to hold prices firm, while downstream purchasing interest remained insufficient.

Common.Time.hoursAgo

[SMM Nickel Midday Review] On June 23, nickel prices dropped sharply, and the US dollar index broke through the 100 mark.

Common.Time.hoursAgo