SMM #1 Refined Nickel Prices Drop 1,800 Yuan/mt, Spot Premiums Stable for Jinchuan Brands

Published: May 8, 2026 11:22

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On May 8, SMM #1 refined nickel prices fell 1,800 yuan/mt from the previous trading day. Spot premiums: Jinchuan #1 refined nickel averaged 1,150 yuan/mt, unchanged from the previous trading day; mainstream domestic electrodeposited nickel brands ranged from -800-200 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.

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