【SMM Nickel News】On December 3, refined nickel prices edged up, while Jinchuan premiums pulled back.

Published: Dec 3, 2025 11:30

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SMM #1 refined nickel prices were 117,300–122,700 yuan/mt, with an average price of 120,000 yuan/mt, up 100 yuan/mt from the previous trading day.The mainstream spot premium quotation range for Jinchuan #1 refined nickel was 4,700–5,000 yuan/mt, with an average premium of 4,850 yuan/mt, down 50 yuan/mt from the previous trading day.The spot premium/discount quotation range for mainstream domestic brands of electrodeposited nickel was -100–400 yuan/mt.

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