SMM #1 Refined Nickel Prices Increase by 500 Yuan/MT, Spot Premiums for Jinchuan Drop

Published: May 25, 2026 10:36
On May 25, SMM #1 refined nickel prices rose 500 yuan/mt from the previous trading day. Spot premiums: Jinchuan #1 refined nickel averaged 1,150 yuan/mt, down 100 yuan/mt from the previous trading day, while domestic mainstream brand electrodeposited nickel ranged from -400-500 yuan/mt.

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