Today, the SMM #1 refined nickel price was 121,900-124,500 yuan/mt, with an average price of 123,200 yuan/mt, down 1,450 yuan/mt from the previous trading day. The mainstream spot premiums quotation range for Jinchuan #1 refined nickel was 2,000-2,300 yuan/mt, with an average premium of 2,000 yuan/mt, up 150 yuan/mt from the previous trading day. The spot premiums/discounts quotation range for electrodeposited nickel from mainstream domestic brands was -100-300 yuan/mt.