SMM #1 Refined Nickel Prices Up 1,800 Yuan/mt, Spot Premiums Rise

Published: May 11, 2026 11:32

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On May 11, SMM #1 refined nickel prices rose 1,800 yuan/mt from the previous trading day. Spot premiums: Jinchuan #1 refined nickel averaged 1,200 yuan/mt, up 50 yuan/mt from the previous trading day; China's mainstream brand electrodeposited nickel ranged from -800-300 yuan/mt.

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