[ferro-alloys.com]Yesterday, the U.S. dollor went strongly. It was said that U.S would quit WTO. These made traders worry about global trade war in the market, and the LME nickle price went down. By the end of the trading, LME nickle price was 14565USD/T. It was lower than the price on last trading day. Today, affected by LME nickle price trend, the future nickle price went down. Compared to Wuxi 1807 contract, the premium of Russian nickle was 100RMB/T, the premium of Jinchuan nickle was 300RMB/T. Today, Jinchuan quoted its electrolytic nickle (big board) at 115600RMB/T.

At present, there is little demand for stainless steel in the market. Today, all kinds of stainless steel price kept steady. Influenced by environmental protection inspection, the output of ferronickle was still restricted. So, the ferronickle price remained the same. Today, the price of high grade ferronickle was 1070-1090RMB/Nickle, and the low grade ferronickle was 3400-3450RMB/T

• [Editor:王可]