SMM #1 Refined Nickel Prices Drop by 1,000 Yuan/mt, Spot Premiums Decline

Published: Apr 20, 2026 11:19

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On April 20, SMM #1 refined nickel prices fell 1,000 yuan/mt from the previous trading day. Spot premiums: the average for Jinchuan #1 refined nickel was 1,750 yuan/mt, down 600 yuan/mt from the previous trading day; China's mainstream brand electrodeposited nickel ranged from -600 to 600 yuan/mt.

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