SHANGHAI, May 27 (SMM) – SMM #1 nickel prices were between RMB 95,500-100,600/mt. Lower-priced Jinchuan nickel was snapped up quickly, with premiums rising to RMB 4,500/mt. Russian nickel supply was sufficient, with prices between RMB 96,200-100,400/mt. Traders held back goods as nickel prices began to fall on 2:00 pm, with trading mainly for Russian nickel. Demand for Norwegian and Sumitomo nickel grew due to tight Jinchuan nickel supply, with traded prices between RMB 94,900-100,400/mt.