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

Published: Jul 16, 2025 11:23

Save

Today, the SMM #1 refined nickel price ranged from 120,800 to 123,400 yuan/mt, with an average price of 122,100 yuan/mt, representing an increase of 1,700 yuan/mt compared to the previous trading day. The mainstream spot premiums quotation range for 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 premiums and discounts quotation range for electrodeposited nickel from mainstream domestic brands was -100 to 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

17 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.

17 hours ago

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

17 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

17 hours ago