SMM #1 Refined Nickel Price Drops 4,100 Yuan/mt, Spot Premiums Vary

Published: Jun 30, 2026 11:41
On June 30, the SMM #1 refined nickel price fell 4,100 yuan/mt from the previous trading day. In terms of spot premiums, the average for Jinchuan #1 refined nickel was 1,800 yuan/mt, up 200 yuan/mt from the previous trading day; the premium for mainstream domestic electrodeposited nickel ranged from -400 to 400 yuan/mt.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
On June 30, the SMM #1 refined nickel price fell 4,100 yuan/mt from th - Shanghai Metals Market (SMM)