Today, the SMM #1 refined nickel price ranges from 123,400 to 125,900 yuan/mt, with an average price of 124,650 yuan/mt, down 50 yuan/mt from the previous trading day. The mainstream spot premiums quotation range for Jinchuan #1 refined nickel is 1,900-2,100 yuan/mt, with an average premium of 2,000 yuan/mt, up 50 yuan/mt from the previous trading day. The spot premiums and discounts quotation range for electrodeposited nickel from mainstream domestic brands is -100 to 300 yuan/mt.