SMM #1 Refined Nickel Price Up 500 Yuan/MT, Jinchuan Premium Down 50 Yuan/MT on July 30

Published: Jul 30, 2026 10:55

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On July 30, the average price of SMM #1 refined nickel was 132,000 yuan/mt, up 500 yuan/mt from the previous trading day. In terms of spot premiums, the average for Jinchuan #1 refined nickel stood at 1,200 yuan/mt, down 50 yuan/mt from the previous trading day, while the range for mainstream domestic brands of electrodeposited nickel was -300-500 yuan/mt.

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