The spot price of refined nickel rose slightly on April 23. The price of SMM1# refined nickel was 125,700-128,150 yuan/mt, with an average price of 126,925 yuan/mt, up 225 yuan/mt from the previous trading day. The mainstream spot premium quotation range for Jinchuan No.1 nickel was 2,100-2,400 yuan/mt, with an average premium of 2,250 yuan/mt, unchanged from the previous trading day. The premium and discount quotation range for Russian nickel was 200-300 yuan/mt, with an average premium of 250 yuan/mt, up 100 yuan/mt from the previous trading day.