SMM #1 Refined Nickel Price Up, Jinchuan Premium Down on July 23

Published: Jul 23, 2026 10:29

Save

On July 23, the average price of SMM #1 refined nickel was 132,550 yuan/mt, up 1,350 yuan/mt from the previous trading day. In terms of spot premiums, the average for Jinchuan #1 refined nickel was 1,450 yuan/mt, down 50 yuan/mt from the previous trading day, while the premium range for mainstream domestic brands of electrodeposited nickel was -300-500 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

40 mins ago

SMM Battery-Grade Nickel Sulphate Price Rises 285 Yuan/mt on July 23

According to SMM data, on July 23, the SMM battery-grade nickel sulphate average price rose 285 yuan/mt from yesterday.

40 mins ago

44 mins ago

Indonesia MHP Nickel and High-Grade Nickel Matte Prices Rise, Cobalt Falls

According to SMM data, on July 23, the FOB price of Indonesia MHP nickel rose $79/mt Ni from the previous day, and the FOB price of Indonesia MHP cobalt fell $68/mt Co. The FOB price of Indonesia high-grade nickel matte rose $81/mt Ni.

44 mins ago

49 mins ago

[SMM Nickel Sulphate Daily Review] On 23 July, Nickel Prices Strengthen Cost Support, Driving Nickel Sulphate Prices to Rebound

On July 23, the SMM battery-grade nickel sulphate average price rose.

49 mins ago

Related News

SMM Battery-Grade Nickel Sulphate Price Rises 285 Yuan/mt on July 23

Jul 23, 2026 11:53

Indonesia MHP Nickel and High-Grade Nickel Matte Prices Rise, Cobalt Falls

Jul 23, 2026 11:49

[SMM Nickel Sulphate Daily Review] On 23 July, Nickel Prices Strengthen Cost Support, Driving Nickel Sulphate Prices to Rebound

Jul 23, 2026 11:44

[SMM Nickel Midday Review] On July 23, Nickel Prices Continued to Strengthen, and Indonesia's Central Bank Paused Interest Rate Hikes, Maintaining the Benchmark Rate at 5.75%

Jul 23, 2026 11:43