SMM Nickel Market Daily Review (2015-5-22)

Published: May 25, 2015 08:59 (GMT+8)

Save

SMM #1 nickel prices were between RMB 96,000-100,300/mt.

SHANGHAI, May 23 (SMM) – SMM #1 nickel prices were between RMB 96,000-100,300/mt. Both traders and downstream buyers replenished stocks as nickel futures prices plunged in the morning, but turned cautious after prices rose again. Premiums of Jinchuan nickel were firm due to tight supply, with traded prices between RMB 95,700-100,000/mt. Traders and downstream buyers remained on the sidelines in the afternoon despite higher nickel prices. Only a few deals for Russian nickel were down, with traded prices between RMB 96,000-99,900/mt.

nickel prices

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

1 min ago

【Flash | Lumentum’s AI Optical Growth Supports the Indium Phosphide (InP) Demand Outlook】

Lumentum reported fiscal Q4 2026 revenue of $1.006 billion, up 24.5% QoQ and 109.3% YoY. Components revenue reached $649.4 million, rising 102.7% YoY. The company said increasing AI compute speed and bandwidth requirements are driving greater use of optical connectivity in datacenters, alongside accelerating 1.6T cloud-module adoption and growing demand for ultra-high-power CPO lasers. Its fiscal Q1 2027 revenue guidance midpoint reached $1.25 billion. SMM views the expansion of high-speed optical modules and lasers as providing downstream demand support for InP and high-purity indium. However, Lumentum did not disclose InP-specific revenue, shipments or indium consumption, preventing a quantitative estimate of demand growth.

1 min ago

26 mins ago

Anhui Changyu Pump & Valve Manufacturing Co., Ltd. Looks Forward to Meeting You at the 2026 SMM Lead & Zinc Annual Conference

26 mins ago

1 hour ago

Bulls take profit and exit; SHFE lead 2611 contract retreats after rapid rise, closing down 0.15% [SMM Lead Morning News]

1 hour ago