[Nickel Prices for Refined Nickel Fell on May 8] Today, the SMM 1# refined nickel price was 123,500-126,300 yuan/mt, with an average price of 124,900 yuan/mt, a decrease of 750 yuan/mt from the previous trading day. The mainstream spot premiums quotation range for Jinchuan No.1 nickel was 2,100-2,400 yuan/mt, with an average premium of 2,250 yuan/mt, an increase of 100 yuan/mt from the previous trading day. The premiums and discounts quotation range for Russian nickel was 0-300 yuan/mt, with an average premium of 150 yuan/mt, an increase of 25 yuan/mt from the previous trading day.