Nickel Market Sees Tight Supply, Premiums Rise for High-Grade Resources

Published: Jun 3, 2026 14:37
[SMM Nickel Flash] June 3 — Supply exhibited significant structural tightness characteristics. Medium-to-high-grade resources above 11% saw tight circulation and high market recognition, while high-grade resources above 12% demonstrated even more pronounced scarcity, with strong premium performance. The tiered premium trend continued to intensify, and the overall price center edged up slowly and modestly.

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[SMM Nickel Flash] June 3 — Supply exhibited significant structural ti - Shanghai Metals Market (SMM)