SMM #1 Refined Nickel Prices Drop by 2,600 Yuan/mt, Spot Premiums Decline

Published: May 26, 2026 11:35
On May 26, SMM #1 refined nickel prices fell by 2,600 yuan/mt from the previous trading day. Spot premiums: Jinchuan #1 refined nickel averaged 1,100 yuan/mt, down 50 yuan/mt from the previous trading day, while mainstream domestic electrodeposited nickel brands ranged from -400 to 500 yuan/mt.

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