[ferro-alloys.com]In general, LME nickel price went down. In early period, U.S FED strengthened forecast of raising interest rate, U.S dollar kept strong. In mid period, U.S stock index dropped down largely. The downstream industry kept in downturn, such as: stainless steel industry and so on. So, LME nickel price kept on dropping in most of this week. Yesterday, LME nickel was quoted at 11325 USD/T. Its inventory was 216174 tons. LME nickel price was kept in lower level. The demand for electrolytic nickel was insufficient. So, the electrolytic nickel price went down in general in this week. In the morning, Jinchuan didn’t adjust its electrolytic nickel price, it was quoted at 105000 RMB/T.The barrelled small piece electrolytic nickel was quoted at 106200 RMB/T. The price of Jinchuan nickel was 105100-105300 RMB/T, and Russian nickel was quoted at 94300-94400 RMB/T.

·LME nickel price and its inventory detail:

• [Editor:王可]