On August 2, 2023, the mainstream reference contract for refined nickel in the Shanghai market was the SHFE Nickel 2309 Contract.

• Jinchuan Electrolytic Nickel: premium/discount +4,100 CNY/ton, price 176,220 CNY/ton

• Russian Nickel: premium/discount +2,100 CNY/ton, price 174,220 CNY/ton

• Norwegian Nickel: premium/discount +5,300 CNY/ton, price 177,420 CNY/ton

• Nickel Matte: premium/discount +500 CNY/ton, price 172,620 CNY/ton