Today, the SMM #1 refined nickel price ranged from 121,800 to 124,300 yuan/mt, with an average price of 123,050 yuan/mt, representing an increase of 600 yuan/mt compared to the previous trading day. The mainstream spot premiums quotation range for Jinchuan #1 refined nickel was 2,000-2,200 yuan/mt, with an average premium of 2,100 yuan/mt, a decrease of 100 yuan/mt compared to the previous trading day. The quotation range for premiums and discounts of electrodeposited nickel from mainstream domestic brands was -200 to 300 yuan/mt.