SMM #1 Refined Nickel Prices Drop 900 Yuan/mt, Jinchuan Premiums Rise 150 Yuan/mt

Published: May 18, 2026 11:42

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On May 18, SMM #1 refined nickel prices fell 900 yuan/mt from the previous trading day. Spot premiums: Jinchuan #1 refined nickel averaged 1,550 yuan/mt, up 150 yuan/mt from the previous trading day, while mainstream domestic electrodeposited nickel premiums ranged from -500 to 500 yuan/mt.

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