SHANGHAI, Mar. 21 (SMM) – SMM prices for #1 refined nickel were RMB 104,000-105,000/mt on Thursday. Jinchuan Group raised ex-works prices in Shanghai market to RMB 105,000/mt, up RMB 2,000/mt. Trading was brisk, and average traded volume at traders was 200 mt. However, downstream buyers showed limited buying interest. In the afternoon, spot prices edged lower to RMB 103,700-104,700/mt.