[Nickel prices for refined nickel continued to drop slightly on May 23] Today, the SMM 1# refined nickel price was 123,000-125,350 yuan/mt, with an average price of 124,175 yuan/mt, a decrease of 325 yuan/mt from the previous trading day. The mainstream spot premiums quotation range for Jinchuan #1 refined nickel was 2,100-2,200 yuan/mt, with an average premium of 2,150 yuan/mt, unchanged from the previous trading day. The premiums and discounts quotation range for Russian refined nickel was 100-400 yuan/mt, with an average premium of 250 yuan/mt, an increase of 50 yuan/mt from the previous trading day.