[June 10: Significant decline in refined nickel prices] Today, the SMM 1# refined nickel price was 121,500-124,100 yuan/mt, with an average price of 122,800 yuan/mt, marking a decrease of 1,100 yuan/mt from the previous trading day. The quotation range for spot premiums of mainstream Jinchuan #1 refined nickel was 2,300-2,500 yuan/mt, with an average premium of 2,400 yuan/mt, unchanged from the previous trading day. The quotation range for premiums and discounts of spot electrodeposited nickel from mainstream domestic brands was -50-300 yuan/mt.