SMM #1 Refined Nickel Prices Drop by 500 Yuan/mt, Spot Premiums Decline

Published: Jun 16, 2026 11:46
On June 16, SMM #1 refined nickel prices fell 500 yuan/mt from the previous trading day. In spot premiums, Jinchuan #1 refined nickel averaged 1,500 yuan/mt, down 150 yuan/mt from the prior day, while the range for mainstream domestic electrodeposited nickel brands was -400-400 yuan/mt.

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On June 16, SMM #1 refined nickel prices fell 500 yuan/mt from the pre - Shanghai Metals Market (SMM)