Refined nickel prices decline, premiums remain stable

Published: Jun 16, 2025 10:58

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Today, the SMM #1 refined nickel price was 119,400-122,050 yuan/mt, with an average price of 120,725 yuan/mt, a decrease of 775 yuan/mt compared to the previous trading day. The mainstream spot premiums quotation range for Jinchuan #1 refined nickel was 2,400-2,600 yuan/mt, with an average premium of 2,500 yuan/mt, unchanged from the previous trading day. The quotation range for premiums and discounts of electrodeposited nickel from mainstream domestic brands was 0-400 yuan/mt.

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