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Latest Update in the SMM Nickel Market

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Nickel Price

SMM Spot Price
SHFE
LME
SHFE/LME Ratio
Import Arbitrage
Price description
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Price Range
Avg.
Change
Date
SMM #1 Nickel (CNY/mt)
119,000-121,300
120,150
-950
Jul 09, 2025
#1 JinChuan Nickel (CNY/mt)
129,250-129,950
129,600
1050
Dec 25, 2024
#1 JinChuan Nickel premium/discount (CNY/mt)
4,000-4,400
4,200
-200
Dec 25, 2024
#1 Import Nickel (CNY/mt)
125,050-125,550
125,300
1200
Dec 25, 2024
Electro-deposited Nickel (CNY/mt)
125,000-125,950
125,475
25
Jul 07, 2025
Nickel Briquettes (CNY/mt)
124,750-125,150
124,950
1250
Dec 25, 2024

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Nickel markets & Index

Nickel Ore
NPI Price
Stainless Steel
Nickel Compound
Nickel Intermediates
Premium And Discount

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