Spot Price of Refined Nickel Declines Slightly on May 22

Published: May 22, 2025 11:28

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[Spot price of refined nickel dropped slightly on May 22] Today, the price of SMM 1# refined nickel was 123,400-125,600 yuan/mt, with an average price of 124,500 yuan/mt, a decrease of 25 yuan/mt from the previous trading day. The mainstream quotation range for spot premiums of Jinchuan #1 refined nickel was 2,000-2,200 yuan/mt, with an average premium of 2,100 yuan/mt, unchanged from the previous trading day. The quotation range for premiums and discounts of Russian nickel was 100-300 yuan/mt, with an average premium of 200 yuan/mt, also unchanged from the previous trading day. Recently, trading in the spot market has been mediocre, with most quotations remaining stable.

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