SMM #1 Refined Nickel Price Drops to 130,650 Yuan/mt on August 5

Published: Aug 5, 2026 11:20

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On August 5, the SMM #1 refined nickel average price was 130,650 yuan/mt, down 2,750 yuan/mt from the previous trading day. In terms of spot premiums, the Jinchuan #1 refined nickel average premium was 1,150 yuan/mt, flat from the previous trading day, while the premium range for mainstream China electrodeposited nickel brands was -200-400 yuan/mt.

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