SMM #1 Refined Nickel Price Falls by 1,300 Yuan/mt, Spot Premiums Drop

Published: Mar 30, 2026 10:38

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On March 28, the SMM price of #1 refined nickel fell by 1,300 yuan/mt from the previous trading day. Spot premiums, Jinchuan #1 refined nickel averaged 4,750 yuan/mt, down 150 yuan/mt from the previous trading day; China’s mainstream brands of electrodeposited nickel were at -600-400 yuan/mt.

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