[ferro-alloys.com]Yesterday, by the end of the trading, the LME nickle price was quoted at 15255USD/T. It was lower than the price on the last trading day. Today,LME nickle went on declining.Relatively，the future nickle price went down slightly in SHFE. Compared to Wuxi 1807 contract, the premium of Russian nickle was 750RMB/T, and the premium of Jinchuan nickle was 850RMB/T. Today, Jinchuan quoted its electrolytic nickle(big board) at 115600RMB/T

At present, the manufactures have not resumed their productions in Shandong and other regions because of environmental protection policy. Today, the prices of stainless steel products went on declining. The ferronickle price maintained in high level due to the lack of spot goods in the market.Today，the high grade ferronickle price was 1060-1075RMB/T,and the low grade ferronickle price was 3300-3400RMB/T.

• [Editor:王可]