SHANGHAI, Dec.31 (SMM) -- In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were in the RMB 119,500-119,800/mt range, and mainstream traded prices of nickel from Russia were in the RMB 118,300-118,500/mt range. Some traders conducted pre-holiday stock replenishment, improving trading sentiment. However, purchases from downstream producers were still limited.