SMM #1 Refined Nickel Prices Rise 700 Yuan/MT, Spot Premiums Steady

Published: May 20, 2026 10:46

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On May 20, SMM #1 refined nickel prices rose 700 yuan/mt from the previous trading day. Spot premiums: Jinchuan #1 refined nickel averaged 1,450 yuan/mt, unchanged from the previous trading day, and mainstream domestic electrodeposited nickel brands ranged from -500 to 500 yuan/mt.

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