Spot Premiums for Refined Nickel Declined on April 24. Today, the SMM1# refined nickel prices ranged from 125,700 to 128,200 yuan/mt, with an average price of 126,950 yuan/mt, up by 25 yuan/mt compared to the previous trading day. The mainstream spot premium quotation range for Jinchuan No.1 nickel was 1,900-2,300 yuan/mt, with an average premium of 2,100 yuan/mt, down by 150 yuan/mt from the previous trading day. The premium and discount quotation range for Russian nickel was 0-300 yuan/mt, with an average premium of 150 yuan/mt, down by 100 yuan/mt from the previous trading day.