Refined nickel prices rise, while premium for Jinchuan #1 refined nickel slightly falls

Published: Jul 11, 2025 11:41

Save

Today, the SMM #1 refined nickel price was 121,000-123,300 yuan/mt, with an average price of 122,150 yuan/mt, representing an increase of 1,550 yuan/mt compared to the previous trading day. The quotation range for spot premiums of mainstream Jinchuan #1 refined nickel was 1,900-2,100 yuan/mt, with an average premium of 2,000 yuan/mt, a decrease of 50 yuan/mt compared to the previous trading day. The quotation range for premiums and discounts of spot electrodeposited nickel from mainstream domestic brands was -100-300 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

Related News

1 min ago

SMM High-Grade NPI Price Rises to 1,040 Yuan/mtu on Feb 6, Market Sentiment Slightly Down

[SMM Nickel Flash] On February 6, the SMM average price for 10-12% high-grade NPI was 1,040 yuan/mtu (ex-factory, tax included), up 2.5 yuan/mtu MoM from the previous working day. The market sentiment factor for high-grade NPI was 2.06, down 0.04 MoM; the upstream sentiment factor for high-grade NPI was 2.84, down 0.07 MoM; and the downstream sentiment factor for high-grade NPI was 1.28, flat MoM.

1 min ago

23 hours ago

[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.

Affected by macro sentiment, MHP and high-grade nickel matte prices declined this week.

23 hours ago

[SMM Analysis] The market experienced panic selling this week, and nickel prices plummeted.

23 hours ago