Nickel Prices Decline as Market Trends Downwards; Premiums Fluctuate

Published: Feb 12, 2025 13:37

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Nickel prices continued to decline, and the market remained in a downward trend. The mainstream spot premiums for Jinchuan No.1 nickel were quoted in the range of 2,000-2,100 yuan/mt, with an average premium of 2,050 yuan/mt, down by 150 yuan compared to the previous trading day. The spot premiums and discounts for Russian nickel were quoted in the range of -200 to 100 yuan/mt, with an average premium of -50 yuan/mt, up by 50 yuan compared to the previous trading day.

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