SHANGHAI, Apr. 2 (SMM) – SMM #1 nickel prices were between RMB 95,000-97,000/mt. Despite slumping LME nickel prices overnight, spot nickel prices in Shanghai remained firm. Jinchuan Group left nickel prices unchanged, with trading brisk and traded prices between RMB 95,000-96,500/mt. Spot nickel prices remained stable in the afternoon. Traders sold imported nickel actively whilst holding back Jinchuan nickel, with traded prices between RMB 95,000-96,300/mt.
SMM Nickel Market Daily Review (2015-4-1)
SMM #1 nickel prices were between RMB 95,000-97,000/mt.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.
For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
![Spot premiums fell sharply as downstream plants took holidays over the National Day period, reducing pre-holiday restocking volumes [SMM South China copper cathode spot weekly review]](https://imgqn.smm.cn/usercenter/aMTzL20251217171710.jpg)
10 mins ago
Spot premiums fell sharply as downstream plants took holidays over the National Day period, reducing pre-holiday restocking volumes [SMM South China copper cathode spot weekly review]
Read More
Spot premiums fell sharply as downstream plants took holidays over the National Day period, reducing pre-holiday restocking volumes [SMM South China copper cathode spot weekly review]
10 mins ago
![Holiday Approaches, Market Quiet [SMM Yangshan Spot Copper]](https://imgqn.smm.cn/usercenter/ZCsFN20251217171710.jpg)
19 mins ago
Holiday Approaches, Market Quiet [SMM Yangshan Spot Copper]
Read More
Holiday Approaches, Market Quiet [SMM Yangshan Spot Copper]
19 mins ago
![Pre-holiday Stockpiling Winds Down; Spot Copper Premiums in North China Continue to Weaken [SMM North China Copper Cathode Spot Weekly Review]](https://imgqn.smm.cn/usercenter/uoTGi20251217171713.jpg)
39 mins ago
Pre-holiday Stockpiling Winds Down; Spot Copper Premiums in North China Continue to Weaken [SMM North China Copper Cathode Spot Weekly Review]
Read More
Pre-holiday Stockpiling Winds Down; Spot Copper Premiums in North China Continue to Weaken [SMM North China Copper Cathode Spot Weekly Review]
39 mins ago
Related News
Spot premiums fell sharply as downstream plants took holidays over the National Day period, reducing pre-holiday restocking volumes [SMM South China copper cathode spot weekly review]
Sep 30, 2026 12:08 (GMT+8)
Holiday Approaches, Market Quiet [SMM Yangshan Spot Copper]
Sep 30, 2026 11:58 (GMT+8)
Pre-holiday Stockpiling Winds Down; Spot Copper Premiums in North China Continue to Weaken [SMM North China Copper Cathode Spot Weekly Review]
Sep 30, 2026 11:38 (GMT+8)
Last trading day before the holiday, market trading was quiet [SMM South China spot copper]
Sep 30, 2026 11:33 (GMT+8)