Refined nickel prices fall, while Jinchuan refined nickel premium rises

Published: Jun 24, 2025 11:32
Today, the SMM #1 refined nickel price was 117,350-120,650 yuan/mt, with an average price of 119,000 yuan/mt, a decrease of 500 yuan/mt from the previous trading day. The quotation range for spot premiums of mainstream Jinchuan #1 refined nickel was 2,800-3,200 yuan/mt, with an average premium of 3,000 yuan/mt, an increase of 400 yuan/mt from the previous trading day. The quotation range for premiums and discounts of spot electrodeposited nickel from mainstream domestic brands was 0-500 yuan/mt.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn