SHANGHAI, Jun. 26 (SMM) – SMM #1 nickel prices were quoted between RMB 124,000-124,600/mt, with spot transactions muted. Traders were unwilling to sell at low prices. After prices rose in the afternoon, market players took a wait-and-see attitude, with quotes between RMB 124,600-125,200/mt. Given sluggish end-user demand, transactions were mainly made among traders.