SHANGHAI, Apr. 20 (SMM) – SMM #1 nickel prices were between RMB 93,600-95,500/mt. Premiums of imported nickel inverted to discounts, pushing some traders to losses. Downstream buyers purchased cautiously, with trading muted and traded prices between RMB 93,600-95,100/mt. Spot nickel prices fell further in the afternoon, causing spot premiums to fall further, with trading quiet and traded prices between RMB 92,800-94,300/mt.