Spot Price of Refined Nickel Declines Slightly, Jinchuan Nickel Premiums Rise

Published: May 9, 2025 11:14

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[Spot Price of Refined Nickel Dropped Slightly on May 9] Today, the price of SMM1# refined nickel was 123,350-126,300 yuan/mt, with an average price of 124,820 yuan/mt, a decrease of 75 yuan/mt compared to the previous trading day. The mainstream quotation range for spot premiums of Jinchuan No.1 nickel was 2,200-2,400 yuan/mt, with an average premium of 2,300 yuan/mt, an increase of 50 yuan/mt compared to the previous trading day. The quotation range for premiums and discounts of Russian nickel was 0-300 yuan/mt, with an average premium of 150 yuan/mt, unchanged from the previous trading day.

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