SMM #1 Refined Nickel Price Drops to 127,250 Yuan/mt on September 2

Published: Sep 2, 2026 11:46

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On September 2, the average price of SMM #1 refined nickel was 127,250 yuan/mt, down 1,800 yuan/mt from the previous trading day. In terms of spot premiums, the average for Jinchuan #1 refined nickel was 1,600 yuan/mt, flat from the previous trading day, while mainstream domestic brands of electrodeposited nickel ranged from -200 to 500 yuan/mt.

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