Today, the SMM #1 refined nickel price was 119,950-123,050 yuan/mt, with an average price of 121,500 yuan/mt, a decrease of 400 yuan/mt from the previous trading day. The quotation range for spot premiums of mainstream Jinchuan #1 refined nickel was 2,400-2,600 yuan/mt, with an average premium of 2,500 yuan/mt, an increase of 75 yuan/mt from the previous trading day. The quotation range for premiums and discounts of spot electrodeposited nickel from mainstream domestic brands was 0-400 yuan/mt.