SHANGHAI, Sept. 23 (SMM) – SMM #1 nickel prices were between RMB 75,400-76,100/mt. Discounts of Jinchuan nickel against the most actively traded contracts on the Wuxi electronic trading were zero in the morning, with traded prices between RMB 75,400-75,600/mt. Discounts of Russian nickel were around RMB 300/mt, with traded prices between RMB 75,200-75,300/mt. Supplies decreased in the afternoon as nickel futures prices dropped. Prices of Jinchuan nickel turned to RMB 200/mt above the most actively traded contracts on the Wuxi electronic trading. A growing number of downstream buyers entered the market ahead of China’s National Day holiday, with prices between RMB 75,100-75,600/mt.